Business StrategyLincoln's turnaround remains firmly on track as the company shifts to a more capital light business mix, delivering steady, profitable earnings growth and maintaining strong capital levels.
Earnings GrowthGroup Protection earnings are poised to drive outperformance, suggesting a significant role in overall earnings with higher quality and lower capital intensity.
ValuationValuation merits a re-rating toward historical norms, suggesting for approximately 2x multiple expansion.