Each report provides its own perspective. Examining each agency’s ratings gives the clearest view of financial strength. Reports are available from each rating agency. (As of August 3, 2017, these ratings represent the most recent ratings assigned by the respective agencies. By sharing these ratings, we do not undertake any obligation to update the ratings shown above.)
On December 13, 2016, A.M. Best affirmed the financial strength, commercial paper and senior debt ratings of Lincoln National Corporation shown in the preceding tables. Additionally A.M. Best affirmed the financial strength, commercial paper and senior debt ratings for LNL and LLANY shown in the preceding tables. A.M. Best also has affirmed the FSR of A (Excellent) and ICR of "a+" of Lincoln's stand-alone subsidiary, First Penn-Pacific Life Insurance Company. The outlook for all ratings is stable.
Standard & Poor's
On September 19, 2016, Standard and Poor's affirmed the financial strength, commercial paper and senior debt ratings for LNL, LLANY and FPP shown in the proceeding tables. Standard and Poor's outlook on all the ratings is stable.
On June 28, 2016, Moody's Investor Services affirmed the financial strength, commercial paper and senior debt ratings for LNL, LLANY and FPP shown in the proceeding tables. Moody's outlook on all the ratings is stable.
On January 15, 2016, Fitch affirmed Lincoln National Corporation's IDR to A- and the financial strength of all LNC's subsidiary's to A+. Fitch's outlook on all of the ratings remains stable.
The financial strength ratings do not imply approval of any Lincoln product and does not refer to the investment performance of the product, including underlying investment options. Such ratings apply only to the company's financial strength or claims-paying ability. They do not apply to safety or investment performance of any variable product and its underlying investment options.
These tables were compiled using information available to the public and represent the most recently affirmed ratings by each rating service. The ratings are not a recommendation to buy, sell or hold our securities. The ratings may be subject to withdrawal or revision at any time by the assigning rating organization and each rating should be evaluated independently of any other rating.
The mention of any specific securities or life insurance product on this site, in any Webcast or press release, is presented for informational purposes only. This site and the information contained herein does not constitute an offer or a solicitation of an offer for the purchase of any securities or insurance product. An offer for securities can be made by prospectus only. Depending on the securities or insurance product mentioned, it may be issued by The Lincoln National Life Insurance Company, Fort Wayne, IN; Lincoln Life & Annuity Company of New York, Syracuse, NY; or other LFG® companies and offered through broker dealers with effective selling agreements. All companies mentioned herein are affiliated companies of Lincoln Financial Group. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Each affiliate is separately responsible for its own financial and contractual obligations.