Lincoln National (LN) Q4 Profit Falls 12% Amid Higher Claims and Lower Premiums

Lincoln National Corp. (LN) reported a 12% year-over-year decline in Q4 profit to $18.9 million, or $0.32 per share, on higher insurance claims and lower premium rates. The insurer attributed the decline to continued economic weakness and a rise in catastrophic claims, including hurricane-related incidents. For the full year 2025, LN posted a net loss of $114 million, compared to a profit of $106 million in 2024. CEO John G. Hensley stated the company is taking a cautious approach to pricing in light of persistently low interest rates and inflationary pressures.