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Lincoln National Corp. - LNC STOCK NEWS

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.

Rhea-AI Summary

Lincoln Financial Group (NYSE:LNC) will release its second quarter earnings on August 3, 2022, after market close. A conference call is set for August 4, 2022, at 10:00 a.m. Eastern Time. Investors can access the earnings materials on the company's Investor Relations page at www.lincolnfinancial.com/investor. The conference call will be streamed live on the company website with a replay available by 1:00 p.m. Eastern Time on the same day.

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Lincoln Financial (NYSE: LNC) highlights the growing need for long-term care planning as costs increase, with assisted living averaging over $51,000 annually. The company emphasizes the importance of having a care plan, with only 20% of Americans prepared. Their MoneyGuard Market Advantage® Conversation Catalyst tool aids customers in understanding care options and financial aspects. Lincoln aims to evolve through customer-centric tools and investment in data and technology to enhance care planning support.

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Lincoln Financial Group (NYSE: LNC) applauds Philadelphia and the Eagles for winning the bid to host several 2026 FIFA World Cup matches. Since 2003, Lincoln Financial has sponsored Lincoln Financial Field, home of the Eagles, and extended their naming rights to 2032. CEO Ellen G. Cooper expressed excitement about this partnership and the fan experience ahead. Lincoln is also committed to community initiatives, including the Eagles Autism Challenge, aimed at raising funds for autism research and care.

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Ellen G. Cooper has officially become the president and CEO of Lincoln Financial Group (NYSE: LNC), marking her as the first woman and the tenth leader in the company's 117-year history. Cooper, who was previously CEO-elect since August 2021, brings over a decade of experience in various executive roles. She succeeds Dennis R. Glass, who now serves as chairman. Under her leadership, Lincoln aims to enhance financial security for over 16 million customers while leveraging a robust investment strategy overseeing $300 billion in assets.

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Lincoln Financial Group (NYSE:LNC) announced a quarterly cash dividend of $0.45 per share, payable on August 1, 2022, to shareholders recorded as of July 11, 2022. With approximately $308 billion in end-of-period account values as of March 31, 2022, Lincoln Financial serves about 16 million customers, providing solutions for retirement, insurance, and wealth protection. The firm emphasizes its commitment to sustainability, diversity, and ethical practices, having been recognized in major sustainability indices.

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Lincoln Financial Group (NYSE: LNC) has appointed Stephen Turer as the new senior vice president and head of the Annuity business, effective July 1, 2022. Turer succeeds Brian Kroll, who is retiring after 40 years in the industry, including 18 at Lincoln. Turer's extensive experience includes leadership roles in pricing and valuation for annuity products. As of March 31, 2022, Lincoln Financial reported $308 billion in account values, reflecting its strong market position in retirement and insurance solutions.

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Lincoln Financial Group (NYSE: LNC) has expanded its partnership with the Envestnet Insurance Exchange by adding over 25 annuity products. This move aims to enhance financial professionals' ability to distribute these products efficiently. Since joining the Exchange in 2021, Lincoln has recognized its platform's growing importance. The partnership underscores Envestnet's commitment to providing advisors with essential tools for client financial wellness. Technological innovation remains central to Lincoln's strategy in the annuity market, fostering improved management and client engagement.

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Lincoln Financial Group (NYSE: LNC) has launched the MoneyGuard Fixed AdvantageSM, a universal life insurance policy featuring a long-term care rider. This product aims to address concerns of 87% of Americans about long-term care. The plan includes a Benefit Transfer Rider that enhances death and care benefits by leveraging death claim proceeds from another policy. Additional features include extended Flexible Care Cash benefits available seven days a week, providing greater access to cash for care needs, reinforcing Lincoln's commitment to innovative long-term care solutions.

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FAQ

What is the current stock price of Lincoln National (LNC)?

The current stock price of Lincoln National (LNC) is $35.34 as of November 22, 2024.

What is the market cap of Lincoln National (LNC)?

The market cap of Lincoln National (LNC) is approximately 6.0B.

What does Lincoln National Corp. specialize in?

Lincoln National Corp. specializes in insurance and retirement solutions, including annuities, life insurance, and group protection.

What types of annuities does Lincoln National Corp. offer?

The company offers fixed and indexed annuities, as well as variable annuities.

Where does Lincoln National Corp. provide service support?

Lincoln National Corp. offers service support in Slovenia, Croatia, Italy, and globally through its partner network.

What recent projects has Lincoln National Corp. undertaken?

Recent projects include enhancing digital platforms and launching new insurance products with greater flexibility and coverage options.

Who are Lincoln National Corp.'s target clients?

The company targets individuals, employers, and professionals looking for comprehensive insurance and retirement solutions.

How does Lincoln National Corp. ensure customer satisfaction?

The company focuses on innovation, customer service enhancements, and strong partnerships to deliver high-quality products and services.

What is the financial condition of Lincoln National Corp.?

Lincoln National Corp. maintains a strong financial standing with consistent revenue and investments in technology and customer service.

What types of life insurance products does Lincoln National Corp. offer?

The company offers universal life, variable universal life, indexed universal life, and term life insurance.

What group protection products are available from Lincoln National Corp.?

Group protection products include group life, disability, and dental insurance.

Who does Lincoln National Corp. partner with for marine services?

Lincoln National Corp. partners with Zodiac Milpro, providing solutions for professionals working on the water.

Lincoln National Corp.

NYSE:LNC

LNC Rankings

LNC Stock Data

6.05B
169.67M
0.31%
74.87%
2.13%
Insurance - Life
Life Insurance
Link
United States of America
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