Lincoln Shows Investors It Has Sturdy Investments: Earnings
May 13, 2020 by Allison Bell
Lincoln Financial has responded to the COVID-19 pandemic chill by making extra efforts to reassure shareholders about the quality of its own investments.
The Radnor, Pennsylvania-based life insurer has provided an investment portfolio supplement along with its earnings release for the first quarter.
The supplement shows, for example, that Lincoln has 96% of its $119 billion assets invested in investment-grade holdings, with the holdings diversified across asset classes, sectors and issuers.
Since the first quarter of 2015, the company has “repositioned the portfolio to prepare for the next credit cycle,” according to one section heading.
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