Welcome to our dedicated page for Lincoln National news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln National stock.
Lincoln National Corp. (LNC) is a multifaceted financial services organization focusing on insurance and retirement solutions. Established in 1990, the company has a rich heritage and extensive industry experience, which enables it to offer comprehensive services tailored to meet diverse client needs.
Core Business Segments:
- Annuities: LNC provides a range of annuity products, including fixed and indexed annuities, as well as variable annuities.
- Retirement Plan Services: The company offers employer-sponsored retirement plans, along with associated services designed to help clients achieve their retirement goals.
- Life Insurance: Lincoln National Corp. offers various life insurance products, including universal life (UL), variable universal life (VUL), indexed universal life (IUL), and term life insurance.
- Group Protection: Group life, disability, and dental insurance products are available for employers looking to provide comprehensive benefits to their employees.
Recent Achievements and Projects:
Lincoln National Corp. is committed to innovation and customer satisfaction. Recent projects include the enhancement of digital platforms to improve customer interaction and the introduction of new insurance products that offer more flexibility and coverage options. The company has also expanded its global partnerships, ensuring a robust distribution network and service support in various locations, including Slovenia, Croatia, and Italy.
Financial Condition:
The company maintains a strong financial standing, supported by consistent revenue generation and a well-diversified product portfolio. The latest financial reports indicate stable growth, with significant investments in technology and customer service enhancements.
Partnerships and Collaborations:
Lincoln National Corp. has built long-standing relationships with key industry players. Through a network of trusted partners, the company ensures the delivery of high-quality services and products. Notably, the firm proudly represents Zodiac Milpro, catering to professionals working on the water.
Overall, Lincoln National Corp. stands as a reliable and innovative leader in the insurance and retirement sectors, continually adapting to meet the evolving needs of its clients.
Lincoln Financial Group (NYSE:LNC) announced that Ellen G. Cooper, CEO, will present at the Goldman Sachs U.S. Financial Services Conference on December 7, 2022, at 10:00 a.m. ET. The presentation will include a Q&A session on various company topics. A live webcast will be available at www.lfg.com/webcast, with a replay accessible for 30 days post-event. Lincoln Financial Group serves around 16 million customers with $270 billion in account values as of September 30, 2022.
Lincoln Financial Group (NYSE: LNC) highlights significant gaps in long-term care planning among Americans during Long-Term Care Awareness Month. A recent survey shows that 47% of respondents are caregivers or expect to be, yet only 16% are familiar with coverage solutions. Alarmingly, less than 20% have begun their planning. Lincoln emphasizes the importance of understanding long-term care costs, as 70% of adults who reach 65 will need severe care. The company encourages open discussions about preferences and financial planning for long-term care to secure better futures.
Lincoln Financial Group (NYSE: LNC) launched the Lincoln ProtectedPaySM lifetime income suite on November 21, aimed at providing income for life amid economic uncertainty. This suite offers six income options with guaranteed growth of 6% for future income, investment flexibility, and protected payments in retirement. With only 31% of Americans confident in their retirement savings, this initiative addresses the growing concerns of pre-retirees. Investors can access these products through broker-dealers and registered investment advisors.
Lincoln Financial Group (NYSE: LNC) has announced the pricing of two public offerings: 500,000 depositary shares of its 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, and 20 million depositary shares of its 9.000% Non-Cumulative Preferred Stock, Series D. Each offering expects gross proceeds of $500 million. The Series D Preferred Stock will be listed on the New York Stock Exchange under the symbol 'LNC PRD.' Proceeds will be used to repay part of its 4.00% Senior Notes due September 1, 2023, and for general corporate purposes.
Lincoln Financial Network (LFN) announced the onboarding of financial experts Scott LoPresti and Dean DiPierro, who bring nearly
On November 10, 2022, Lincoln Financial Group (NYSE: LNC) will host Morgan State Day, a networking event at its headquarters in Radnor, Pennsylvania, in partnership with Morgan State University. Around 45 students, focusing on finance, investments, sales, marketing, and computer science, will engage in learning activities and networking. A presentation challenge will award four summer internships to winners. Lincoln Financial aims to foster early career talent through this program, supporting diversity and providing insights into financial career opportunities.
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