Lincoln National Seeks Reinsurance Deal to Lower Risk—Bloomberg

LootboxPhobia · 2026-03-20T21:41:27+00:00

Lincoln National Corporation is seeking reinsurance agreements to transfer billions of dollars in life insurance reserves, freeing up capital to support sales expansion. The company is in discussions with peers regarding approximately $5 billion in life insurance policies, which may include universal life insurance products with secondary guarantees. This move coincides with a strong demand for annuities and life insurance products.

LootboxPhobia

2026-03-20 21:41:27

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Investing.com - According to Bloomberg, citing sources familiar with the matter, Lincoln National Corporation (NYSE:LNC) is seeking a reinsurance agreement to transfer billions of dollars in life insurance reserves off its balance sheet.

The company, operating under the Lincoln Financial Group brand, is in discussions with industry peers to support approximately $5 billion in life insurance policies. Sources said the discussions are private, and they requested anonymity.

Some sources mentioned that the policies under consideration may include universal life insurance products with secondary guarantees. These policies can prevent lapsing under certain conditions, regardless of their cash value.

Reinsurance transactions allow insurance companies to move some reserves off their balance sheets. This process frees up capital to support sales expansion.

This move comes at a time of strong market demand for annuity and life insurance products.

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