Lincoln Financial Group Reports Third Quarter 2023 Results
Retrieved on:
Wednesday, November 1, 2023
Net outflows were $874 million in the quarter compared to net inflows of $322 million in the prior-year quarter.
Key Points:
- Net outflows were $874 million in the quarter compared to net inflows of $322 million in the prior-year quarter.
- Average account balances, net of reinsurance, for the quarter of $151 billion were up 4% from the prior-year quarter.
- Group Protection reported income from operations of $68 million in the quarter compared to income from operations of $12 million in the prior-year quarter.
- Lincoln Financial Group will discuss the company’s third quarter results with investors in a conference call beginning at 10:00 a.m. Eastern Time on Thursday, November 2, 2023.