Lincoln Financial sees Q4 net loss of $1.2B
February 13, 2024 by Doug Bailey
Top executives at Lincoln Financial Group insist they are progressing in their mission to right their ship in the face of continued losses but probably aren’t navigating the choppy waters as fast as they’d like. The Pennsylvania-based insurer, one of the oldest and largest stock insurance companies in the United States, Thursday reported a net loss of $1.2 billion, or $-7.35 per share for the fourth quarter of 2023, and a loss of $835 million or $-4.92 per share for the full year.
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Originally Posted at InsuranceNewsNet on February 8, 2024 by Doug Bailey.
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