Lincoln Financial Group is a diversified financial services organization headquartered in the Philadelphia region. With $140 billion as of June 30, 2010, Lincoln Financial Group has been serving the financial needs of customers since 1905. Our goal is to provide comprehensive financial solutions that help our customers secure their retirement and manage life transitions. For financial professionals, Lincoln Financial is their partner of choice, offering innovative, industry-leading products and educational resources to help them build their book of business.
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History
The Lincoln National Life Insurance Company was founded in Fort Wayne, Indiana on June 12, 1905. To convey the spirit of integrity, they adopted the name of Abraham Lincoln, to represent the ideals the new company was founded upon.
The company underwent the most dramatic transformation in the last 20 years. Lincoln National Corporation realigned its business operations, divested its property casualty and reinsurance operations, acquired Delaware Investments and added life and annuity operations from CIGNA and Aetna. In 2006, Lincoln merged with Jefferson Pilot Financial, solidifying the company as one of the largest, most enduring and fiscally sound financial services organizations in the United States.
In early 2010, Lincoln completed the sale of Delaware Investments in order to focus on our insurance and retirement businesses; which the company believes are our greatest opportunities for growth and differentiation going forward.
Lincoln Financial Annuities
Among the numerous products sold by Lincoln Financial are a single-premium immediate annuity, variable annuities, and an extensive selection of fixed annuities with a wide variety of terms, conditions, riders and options.
Lincoln Financial Annuities Financial Ratings and Strength
Lincoln Financial annuities were assigned the following ratings by the four major rating agencies:
- A.M. Best: A+ (2nd-best out of 16 categories)
- Standard & Poor’s: AA- (4th-best out of 22 categories)
- Moody’s: A2 (6th-best out of 21 categories)
- Fitch: A+ (5th-best out of 19 categories)
*Company ratings current as of October 1, 2010
