Lincoln National Corp’s Revenue by Segment (2016-2023)

This statistic highlights Lincoln National Corp’s Revenue by Segment, split between Amortization of deferred gain on business sold through reinsurance, Fee income, Insurance premiums, Net investment income, Realized gain (loss), reported from Q1 2016 onwards.

Lincoln National Corp’s Revenue by Segment

(2023 Q1 values in USD, except percentage)

Amortization of Deferred Gain on Business Sold Through Reinsurance

Amortization of deferred gain on business sold through reinsurance contributed USD 90,00,000.00, accounting for 0.2% of total income, representing ongoing profits from the prior transaction.

Fee Income

Fee income amounted to USD 1,37,90,000,000, making up 36.2% of total revenue, highlighting the importance of assessing service costs and displaying the company’s ability to generate steady income.

Insurance Premiums

Insurance premiums paid out by the corporation amounted to USD 1,57,90,000,000, comprising 41.4% of total income, showcasing the company’s dominant position in the insurance sector.

Net Investment Income

Net Investment Income resulted in revenue of USD 1,460,00,000.00, representing 38.4% of total revenue and reflecting the company’s proficiency in managing investments and generating profits.

Others

The “Others” category accounted for 5.5% of total income, totaling USD 20,90,000,000, encompassing various revenue sources not specifically specified in the data, indicating other contributors to Lincoln National Corp’s financial success.

Realized Gain(Loss)

A realized loss of USD -82,80,00,000.00, equivalent to -21.7% of total sales, was reported, signifying losses incurred from the sale of investments or assets, necessitating consideration of its impact on the company’s overall financial health.

About Lincoln National Corporation

Lincoln National Corp, known as Lincoln National, is a prominent financial services firm based in the United States. Headquartered in Radnor, Pennsylvania, it provides insurance and investment management products and services to individuals and organizations. Lincoln National Corp’s primary focus lies in life insurance, annuities, retirement planning, and investment management. The company offers a wide range of insurance products, including life insurance policies, group protection plans, and annuities, catering to diverse consumer needs and providing financial protection, income solutions, and retirement planning alternatives.

Lincoln National Corp specializes in asset management, offering investment solutions such as stocks, fixed income, real estate, and alternative assets. The investment management department aims to deliver long-term growth and value to its clients. Noted for its dedication to customer service and innovation, Lincoln National Corp aims to provide customized solutions that align with client’s specific financial objectives and desires. Leveraging sophisticated technology and data analytics, the company strengthens its expertise in risk management, underwriting, and customer service, delivering a seamless and personalized experience for its clients.

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