Lincoln Financial delivers nuggets of good news, along with $528M Q3 loss
November 5, 2024 by John Hilton
Main takeaway: Lincoln Financial executives gave plenty of reasons Thursday for Wall Street analysts to feel good about its future: strong annuity sales, a new Bermuda reinsurer, and a new company branding effort.
Stll, the insurer’s bumpy financial road continues as it took another quarterly loss – this time, $528 million – attributed to one-time charges.
Christopher Neczypor, chief financial officer, blamed low interest rates for the two write-downs: Click HERE to read the full story via INN
Originally Posted at InsuranceNewsNet on October 31, 2024 by John Hilton.
Categories: Industry Articles