Lincoln to Reinsure $9.4B in UL and Executive Benefits Policies
September 21, 2021 by Allison Bell
Lincoln Financial wants to shed a large amount of risk associated with old insurance policies while continuing to sell new policies.
The Radnor, Pennsylvania-based life insurer today announced that it has arranged to have Security Life of Denver — an arm of Resolution Life Group Holdings — reinsure a block of in-force universal life insurance and executive benefits insurance policies backed by $9.4 billion in reserves.
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Originally Posted at ThinkAdvisor on September 17, 2021 by Allison Bell.
Categories: Industry Articles