SCHEDULE III - CONSOLIDATED SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-16, Insurance Companies, 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, 2018
Annuities	$	3,660	$	3,509		$	-	$	23,493	$	390
Retirement Plan Services		243		8			-		19,761		-
Life Insurance		6,151		13,139			-		40,997		817
Group Protection		210		5,396			-		197		3,383
Other Operations		-		12,596			-		6,785		11
Total	$	10,264	$	34,648		$	-	$	91,233	$	4,601
	As of or For the Year Ended December 31, 2017
Annuities	$	3,583	$	1,943		$	-	$	21,713	$	475
Retirement Plan Services		194		4			-		18,719		-
Life Insurance		4,446		12,658			-		39,459		773
Group Protection		180		2,262			-		161		1,998
Other Operations		-		6,020			-		157		10
Total	$	8,403	$	22,887		$	-	$	80,209	$	3,256
	As of or For the Year Ended December 31, 2016
Annuities	$	3,597	$	2,485		$	-	$	21,202	$	331
Retirement Plan Services		201		4			-		17,878		-
Life Insurance		5,145		11,400			-		39,332		703
Group Protection		191		2,280			-		168		1,939
Other Operations		-		5,407			-		323		14
Total	$	9,134	$	21,576		$	-	$	78,903	$	2,987

⁽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, 2018
Annuities		$	1,005	$	1,465		$	373		$	1,428	$	-
Retirement Plan Services			899		557			28			393		-
Life Insurance			2,697		4,759			711			660		-
Group Protection			260		2,460			92			967		-
Other Operations			224		162			-			507		-
Total		$	5,085	$	9,403		$	1,204		$	3,955	$	-
		As of or For the Year Ended December 31, 2017
Annuities		$	1,038	$	1,084		$	430		$	1,397	$	-
Retirement Plan Services			899		538			27			396		-
Life Insurance			2,643		4,593			468			721		-
Group Protection			168		1,353			79			611		-
Other Operations			242		182			-			343		-
Total		$	4,990	$	7,750		$	1,004		$	3,468	$	-
		As of or For the Year Ended December 31, 2016
Annuities		$	1,033	$	1,130		$	388		$	1,296	$	-
Retirement Plan Services			859		515			28			386		-
Life Insurance			2,562		4,071			734			688		-
Group Protection			176		1,324			126			580		-
Other Operations			244		216			-			453		-
Total		$	4,874	$	7,256		$	1,276		$	3,403	$	-