B
LINCOLN NATIONAL LIFE INS CO
Fort Wayne, IN
Data as of
September 30, 2020
NAIC
Classification
Life & Annuity
Risk Adjusted
Capital Ratio #1
1.12
Risk Adjusted
Capital Ratio #2
0.82
Total
Assets
278.56B
Capital
8.19B
Net
Premiums
17.44B
Net
Income
312.32M
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Major Rating Factors: Good capitalization (5.6 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario). Capital levels have been relatively consistent over the last five years. Good quality investment portfolio (6.2) despite large holdings of BBB rated bonds in addition to moderate junk bond exposure. Exposure to mortgages is significant, but the mortgage default rate has been low. Good overall profitability (6.8).
Other Rating Factors: Good liquidity (5.5). Good overall results on stability tests (5.6) excellent operational trends and excellent risk diversification.
Stability Factors: A - Financial problems or weaknesses of a parent or affiliate company. C - Past results on our Risk-Adjusted Capital tests. I - Past results on our Investment Safety Index.
Principal Lines of Business: Ind annuities (51.3%), group annuities (13.9%), group health (10.5%), group life (3.3%), other (20.9%)
Licensed in: All states except NY
Investments
Invested Assets
107.3B
Cash
-0.02%
CMO & Structured Securities
8.08%
Other Investment Grade Bonds
65.41%
Non-Investment Grade Bonds
2.30%
Common & Preferred Stock
4.68%
Mortgages in Good Standing
12.25%
Non-Performing Mortgages
0.00%
Real Estate
0.07%
Other Investments
4.70%
Investments in Affiliates
5.13%
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
Weiss Ratings