SCHEDULE III - CONSOLIDATED SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2019

Consolidated Supplementary Insurance Information [Abstract]

Supplementary Insurance Information

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

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 (2)
	As of or For the Year Ended December 31, 2019
Annuities	$	3,973	$	3,861		$	-	$	29,518		$	502
Retirement Plan Services		181		9			-		20,553			-
Life Insurance		3,382		15,714			-		39,320			661
Group Protection		209		5,601			-		194			4,113
Other Operations		-		10,532			-		7,837			1
Total	$	7,745	$	35,717		$	-	$	97,422		$	5,277
	As of or For the Year Ended December 31, 2018
Annuities	$	3,915	$	3,508		$	-	$	23,525		$	390
Retirement Plan Services		247		8			-		19,761			-
Life Insurance		5,936		12,553			-		40,305			589
Group Protection		210		5,396			-		197			3,383
Other Operations		-		12,419			-		6,785			-
Total	$	10,308	$	33,884		$	-	$	90,573		$	4,362
	As of or For the Year Ended December 31, 2017
Annuities	$	3,806	$	1,942		$	-	$	21,739		$	475
Retirement Plan Services		197		4			-		18,719			-
Life Insurance		4,225		12,023			-		38,705			546
Group Protection		180		2,262			-		161			1,998
Other Operations		-		5,832			-		157			(1	)
Total	$	8,408	$	22,063		$	-	$	79,481		$	3,018

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

⁽²⁾Includes amounts ceded to LNBAR.

‎

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

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, 2019
Annuities		$	1,070	$	1,327		$	427		$	1,351	$	-
Retirement Plan Services			917		587			25			392		-
Life Insurance			2,494		5,231			757			694		-
Group Protection			306		3,041			111			1,134		-
Other Operations			175		153			-			385		-
Total		$	4,962	$	10,339		$	1,320		$	3,956	$	-
		As of or For the Year Ended December 31, 2018
Annuities		$	947	$	1,053		$	347		$	1,316	$	-
Retirement Plan Services			892		556			27			393		-
Life Insurance			2,546		4,509			701			633		-
Group Protection			259		2,460			92			968		-
Other Operations			200		155			-			319		-
Total		$	4,844	$	8,733		$	1,167		$	3,629	$	-
		As of or For the Year Ended December 31, 2017
Annuities		$	982	$	1,077		$	402		$	1,285	$	-
Retirement Plan Services			893		539			26			395		-
Life Insurance			2,496		4,242			455			678		-
Group Protection			167		1,352			79			611		-
Other Operations			222		166			-			205		-
Total		$	4,760	$	7,376		$	962		$	3,174	$	-