Welcome to our dedicated page for Lincoln Natl Ind news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln Natl Ind stock.
Lincoln National Corporation (NYSE: LNC) delivers insurance and retirement solutions through annuities, life insurance, and group protection services. This news hub provides investors with essential updates directly affecting the company’s market position and operational strategy.
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Key updates include quarterly results, mergers & acquisitions, dividend declarations, and strategic partnerships. Bookmark this page for organized access to filings, investor presentations, and market analyses related to LNC’s insurance products and retirement services.
Check back regularly for neutral, compliance-focused reporting on Lincoln National Corporation’s activities. Verify timestamps on individual articles for the latest developments in life insurance trends and retirement planning solutions.
Lincoln Financial Group (NYSE: LNC) has enhanced its MoneyGuard® suite with Real-Time Approval for underwriting, allowing clients to receive approval in as little as 20 minutes. This feature is available for customers aged 60 and under applying for MoneyGuard Market Advantage® and MoneyGuard Fixed Advantage® policies. Additionally, MoneyGuard Market Advantage® has expanded its availability to
Lincoln Financial Group has released findings from its Consumer Sentiment Tracker, revealing that only 2% of Americans understand tax-efficient financial solutions, despite a third prioritizing tax-reducing investments. To address this knowledge gap, Lincoln outlines five strategies: 1) Contributing to workplace retirement accounts; 2) Understanding annuities for lifetime income; 3) Preparing for unexpected long-term care costs; 4) Diversifying portfolios with life insurance; and 5) Collaborating with financial professionals. David Berkowitz highlights the importance of tax-efficient investing amid market volatility and inflation, emphasizing the need for clear financial planning.
Lincoln Financial Group (NYSE:LNC) declared a quarterly cash dividend of $0.45 per share, payable on May 1, 2023, to shareholders of record by April 10, 2023. As of December 31, 2022, the company reported $282 billion in end-of-period account values, reflecting its robust financial management. This dividend highlights Lincoln's commitment to delivering value to its shareholders amidst a stable financial backdrop.
Lincoln Financial Group (NYSE: LNC) and BPAS have announced a strategic partnership to introduce PensionEase, an integrated defined benefit (DB) administration solution. This initiative aims to enhance the customer experience for employers and their employees with both defined contribution (DC) and DB plans. BPAS will manage DB administration including recordkeeping and participant services, benefiting over 45,000 participants currently served by Lincoln Financial. This collaboration highlights Lincoln's commitment to comprehensive retirement solutions and superior customer experiences.
Lincoln Financial Group (NYSE: LNC) announced the appointment of Christen White as senior vice president of Group Benefit Claims. With over 20 years of experience, White previously held a similar role at MetLife, overseeing claims and call center operations. Her focus at Lincoln will be on enhancing customer service and implementing best practices in claim management. This leadership change aims to strengthen the claims team's effectiveness, as highlighted by James Reid, executive vice president. Lincoln Financial serves approximately 16 million customers, managing $282 billion in account values as of December 31, 2022.
Lincoln Financial Group (NYSE: LNC) expressed gratitude to the Philadelphia Eagles for their commendable season, acknowledging the team's dedication and memorable moments despite not winning the Super Bowl. The company has been the stadium sponsor of Lincoln Financial Field since 2003 and is involved in various community initiatives, including the Eagles Autism Challenge. The partnership reflects Lincoln's commitment to community engagement. As of December 31, 2022, Lincoln Financial reported $282 billion in account values, demonstrating its strong financial standing and focus on providing financial solutions that empower customers in their financial journeys.
Lincoln Financial Group (NYSE:LNC) has announced the declaration of preferred stock dividends. A semi-annual dividend of
Lincoln Financial Group (NYSE: LNC) reported a net income of $6 million or $0.01 per diluted share for Q4 2022, a significant drop from $220 million or $1.20 per share in Q4 2021. The full-year net loss was $(2.2) billion, or $(13.10) per share, compared to a net income of $1.4 billion, or $7.43 per share, in 2021. Adjusted operating EPS fell to $0.97 from $1.56 year-over-year. Book value per share decreased 84% to $18.41, driven by higher treasury rates affecting unrealized gains. While annuity sales rose 1% year-over-year, total revenues decreased to $18.8 billion from $19.2 billion in 2021.
Lincoln Financial Group (NYSE: LNC) has appointed Christopher Neczypor as Executive Vice President and Chief Financial Officer effective February 17, 2023. He succeeds Randal Freitag, who will assist in the transition until the end of Q1 2023. Neczypor, who has over 20 years of industry experience, joined Lincoln in 2018 as Head of Investment Risk and Strategy. He has significantly contributed to the company’s strategic objectives and team building. Tom Faenza will expand his role to Senior Vice President, Chief Strategy Officer, overseeing long-term strategic planning. Both appointments signal a strengthening of leadership for Lincoln Financial.
