Lincoln Financial strikes reinsurance deal with Talcott for $5.8B
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq hits intraday record high on tech boost, Mideast negotiation hopes
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
- Oil prices rise on Trump timeline for Iran peace deal: after US elections
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Lincoln Financial Announces Reinsurance Transaction with Talcott
July 30, 2026 7:10 AM EDTTransaction reinsures approximately $5.8 billion of guaranteed universal life statutory reserves, further shifting our liability mix and increasing ongoing free cash flow
Risk transfer transaction encompassing approximately 37% of Lincolns remaining in-force guaranteed universal life (GUL) block Further reduces Lincolns exposure to long-term mortality, lapse, and interest rate risk on a legacy, capital-intensive block Represents an all-in statutory capital impact of approximately $200 million Strengthens free cash flow1 and shareholder value, with an expected $30$40 million increase in annual subsidiary remittances over the medium term Advances our strategy to... More