Lincoln Financial closes USD 6.30 billion deal and Lincoln National stock costs EUR 36.00

Published on 10/05/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deal covers USD 5.80 billion of reserves and 37.00 percent of GUL block. Lincoln National stock costs EUR 36.00 on October 5, 2026 after EUR 35.81.

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Lincoln Financial closed a USD 6.30 billion reinsurance transaction with Talcott effective October 1, 2026, while Lincoln National stock was trading at EUR 36.00 at Lang & Schwarz on October 5, 2026 at 11:10 a.m. CEST. According to FT on October 1, 2026, the transaction is intended to reduce exposure to a legacy, capital-intensive block of business.

Reinsurance cuts legacy exposure

The transaction transfers USD 5.80 billion of in-force guaranteed universal life statutory reserves to a Talcott subsidiary. That amount represents 37.00 percent of Lincoln's remaining guaranteed universal life block, according to FT.

Combined with a 2023 transaction involving Fortitude Re, the latest deal lifts the share of Lincoln's total guaranteed universal life block that is reinsured to 60.00 percent. Lincoln will continue administering the reinsured policies, keeping the customer-facing relationship while transferring the specified reserves.

Results provide a financial baseline

For the second quarter ended June 30, 2026, Lincoln reported USD 4.54 billion in revenue and USD 1.33 billion in net profit. The Globe and Mail reported that the quarter's revenue exceeded USD 4.07 billion in the comparable period, while net profit rose from USD 699.00 million. The comparison places the reinsurance transaction against a profitable operating quarter rather than an isolated balance-sheet action.

Lincoln Financial has also scheduled its third-quarter 2026 results for November 5, 2026, with materials due before the call, according to StockTitan on October 1, 2026. The next report will give investors a new reference point for the effect of the completed transaction.

Dividend date is October 9

Lincoln's next dividend is USD 0.45 per share, with an ex-dividend date of October 9, 2026, and a payment date of November 2, 2026, according to HL. The scheduled payment adds an income-related date to the reinsurance and earnings calendar.

Lincoln National stock holds at EUR 36.00

At Lang & Schwarz, Lincoln National stock was trading at EUR 36.00 on October 5, 2026 at 11:10 a.m. CEST, plus 0.53 percent versus the prior close of EUR 35.81 on October 2, 2026. The primary-market quote was USD 40.30 at the latest finance snapshot dated October 2, 2026, while its 52-week range was USD 32.18 to USD 47.67 and market capitalization was USD 7.7 billion.

The further course of trading is shown by the continuously updated real-time quote of Lincoln National stock.