Lincoln Execs Are Happy, and 4 More Life & Annuity Earnings Updates
February 13, 2019 by Allison Bell
The fourth quarter of 2018 may have been a rollercoaster, but executives at the individual life and annuity issuers that reported earnings in the past week seem to enjoy rollercoasters.
Dennis Glass, the president of Lincoln National Corp., which uses Lincoln Financial Group as its marketing name, was especially cheerful about the state of the market.
LIMRA is now predicting that the annuity market will grow this year, and Lincoln Financial is expecting to increase its share of that growing pie, Glass told securities analysts, during a conference call the company held to go over its earnings.
“I think annuities are going to continue to become more popular with savers, just because of the demographics,” Glass said. “That demographic bucket is growing quite big.”
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