C
LINCOLN NATIONAL LIFE INS CO
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.6 on a scale of 0 to 10) including negative cash flow from operations for 2023. Good overall capitalization (6.4) based on mixed results -- excessive policy leverage mitigated by good risk adjusted capital (severe loss scenario). Nevertheless, capital levels have fluctuated during prior years. Good quality investment portfolio (6.1).
Other Rating Factors: Weak profitability (0.7) with operating losses during 2023. Weak Liquidity (2.6).
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. F - Negative cash flow. L - Past results on our liquidity tests. T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business: --
Licensed in: All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Lincoln National Corp
Investment Rating
LNC
Company Address
1300 South Clinton Street
Fort Wayne, IN 46802
Phone Number
(260) 455-2000
NAIC Number
65676
Largest Affiliates