SCHEDULE III - CONSOLIDATED SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2014

Schedule To Financial Statements [Abstract]

LINCOLN NATIONAL CORPORATION

SCHEDULE III – CONDENSED SUPPLEMENTARY INSURANCE INFORMATION

(in millions)



Column A	Column B		Column C			Column D		Column E		Column F
								Other
			Future					Contract
	DAC and		Contract			Unearned		Holder		Insurance
Segment	VOBA		Benefits		Premiums (1)			Funds		Premiums

	As of or For the Year Ended December 31, 2014
Annuities	$	3,062	$	1,569		$	-	$	21,070	$	173
Retirement Plan Services		148		2			-		16,223		-
Life Insurance		4,749		10,347			-		37,280		558
Group Protection		248		2,249			-		183		2,252
Other Operations		-		5,890			-		756		5
Total	$	8,207	$	20,057		$	-	$	75,512	$	2,988

	As of or For the Year Ended December 31, 2013
Annuities	$	2,770	$	138		$	-	$	21,269	$	116
Retirement Plan Services		173		-			-		15,310		-
Life Insurance		5,713		9,058			-		36,997		486
Group Protection		230		2,033			-		200		2,084
Other Operations		-		6,022			-		772		1
Total	$	8,886	$	17,251		$	-	$	74,548	$	2,687

	As of or For the Year Ended December 31, 2012
Annuities	$	2,092	$	2,339		$	-	$	21,108	$	98
Retirement Plan Services		102		3			-		14,712		-
Life Insurance		4,281		9,177			-		35,365		441
Group Protection		192		1,882			-		223		1,919
Other Operations		-		6,379			-		810		4
Total	$	6,667	$	19,780		$	-	$	72,218	$	2,462

⁽¹⁾

Unearned premiums are included in Column E, other contract holder funds.

LINCOLN NATIONAL CORPORATION

SCHEDULE III – CONDENSED SUPPLEMENTARY INSURANCE INFORMATION (Continued)

(in millions)



Column A		Column G		Column H			Column I			Column J		Column K
				Benefits		Amortization
		Net		and			of DAC			Other
	Investment			Interest			and			Operating		Premiums
Segment		Income		Credited			VOBA		Expenses			Written

		As of or For the Year Ended December 31, 2014
Annuities		$	1,034	$	959		$	365		$	1,252	$	-
Retirement Plan Services			830		474			37			368		-
Life Insurance			2,530		3,783			655			658		-
Group Protection			180		1,778			57			574		-
Other Operations			285		217			-			380		-
Total		$	4,859	$	7,211		$	1,114		$	3,232	$	-

		As of or For the Year Ended December 31, 2013
Annuities		$	1,044	$	835		$	390		$	1,113	$	-
Retirement Plan Services			827		470			48			363		-
Life Insurance			2,452		3,283			447			628		-
Group Protection			165		1,562			53			537		-
Other Operations			266		222			-			387		-
Total		$	4,754	$	6,372		$	938		$	3,028	$	-

		As of or For the Year Ended December 31, 2012
Annuities		$	1,082	$	868		$	325		$	1,018	$	-
Retirement Plan Services			799		451			42			363		-
Life Insurance			2,396		2,982			614			619		-
Group Protection			162		1,447			48			485		-
Other Operations			259		260			-			432		-
Total		$	4,698	$	6,008		$	1,029		$	2,917	$	-

- Definition

The entire disclosure for required supplementary insurance information giving segment detail in support of various balance sheet and income statement captions. The balance sheet information generally is presented as of the date of each audited balance sheet filed, and the income statement information generally is presented for each period for which an audited income statement is required to be filed. Supplementary insurance information table includes segment name; deferred policy acquisition costs; future policy benefits, losses, claims and loss expenses; unearned premiums; other policy claims and benefits payable; premium revenue; net investment income; benefits, claims, losses and settlement expenses; amortization of deferred policy acquisition costs; other operating expenses; and premiums written.

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