Lincoln National Corporation
Lincoln National Corporation is a Fortune 500 holding company specializing in insurance and retirement solutions. Lincoln Financial Group, its primary brand, offers life insurance, annuities, long-term care insurance, and group protection products.
The company reported $19.2 billion in total revenue for 2023 according to its annual report. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
The company serves over 17 million customers through financial advisors and employer-sponsored plans, according to the Insurance Information Database. Lincoln’s subsidiaries include Lincoln Life & Annuity Company of New York and The Lincoln National Life Insurance Company.
Fitch Ratings assigned an A+ insurer financial strength rating to key operating companies as of February 2024. In June 2023, the corporation managed approximately $290 billion in consolidated assets under management (AUM).
What happened to Conseco Life Insurance Company?
Conseco Life Insurance Company was acquired by the Lincoln National Corporation in 2015. The company had been struggling financially since 1998, when Conseco filed for Chapter 11 bankruptcy protection. This filing allowed them to reorganize their debt, but it also meant that policyholders of Conseco life insurance policies would be transferred to another insurer. In…
See also Lincoln Rhode Island, and Lipedema.