Financial PerformanceLNC delivered a solid 4Q:24 result, led by Group Benefits, with operating income significantly exceeding forecasts, highlighting strong business performance.
Future OutlookLNC raised its 2026 free cash flow conversion guide, demonstrating a positive outlook for future cash flow generation and financial stability.
Strategic PartnershipLNC announced a strategic relationship with Bain, where Bain is acquiring a 9.9% stake in LNC through an equity issuance at a premium price, suggesting confidence in LNC's future growth.