Lincoln Financial executives gave plenty of reasons Thursday for Wall Street analysts to feel good about its future: strong annuity sales, a new Bermuda reinsurer, and a new company branding effort.
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A federal appeals court ruled Thursday that Lincoln does not have to return a pro-rated share of annual life insurance premium fully paid before the policyholder’s death.
Lincoln Financial Group sees strong Q2 financial results, with net income significantly boosted by strategic actions, favorable market.
Lincoln Financial executives said first quarter earnings exceeded their expectations and the company’s “strategic realignment” is progressing.
Lincoln Financial Group reported a net Q4 loss of $1.2 billion and a loss of $835 million for the full year of 2023.
Lincoln National Corp. conceded Thursday that the company’s Q3 financial results fell short, but said it’s making progress toward “recovery.”
Lincoln Financial is hard at work on its turnaround, CEO Ellen Cooper assured analysts today, but it is going to take some time.
Sales figures don’t tell the whole story when it comes to first-quarter results.
Lincoln Financial is asking a Texas judge to dismiss a lawsuit filed by nine plaintiffs who claim they were sold a fixed indexed annuity with illustrated promises of unrealistic gains. One of its former agents is the lead plaintiff.
Lincoln Financial Group completed another difficult quarter financially, but executives touted last week’s $28 billion reinsurance deal as a crucial rebound move for the insurer.
Lincoln Financial took a few small steps in its turnaround during the fourth quarter, eking out $6 million in net income.
