SCHEDULE III - CONSOLIDATED SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2015

Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

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, 2015
Annuities	$	3,558	$	2,095		$	-	$	21,162	$	418
Retirement Plan Services		216		4			-		16,583		-
Life Insurance		5,496		10,595			-		38,706		649
Group Protection		240		2,347			-		170		2,163
Other Operations		-		5,667			-		741		16
Total	$	9,510	$	20,708		$	-	$	77,362	$	3,246
	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

⁽¹⁾ Unearned premiums are included in Column C,  future contract benefits.

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, 2015
Annuities		$	1,004	$	1,259		$	330		$	1,317	$	-
Retirement Plan Services			846		497			30			385		-
Life Insurance			2,541		3,938			831			650		-
Group Protection			184		1,638			80			573		-
Other Operations			252		220			-			394		-
Total		$	4,827	$	7,552		$	1,271		$	3,319	$	-
		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	$	-