02:22 PM EDT, 03/20/2026 (MT Newswires) -- Lincoln National ( LNC ) is discussing a potential reinsurance deal with peers that could move about $5 billion of life insurance reserves off its balance sheet, Bloomberg reported Friday, citing people familiar with the matter.

The company, which operates as Lincoln Financial Group, may transfer universal life policies with secondary guarantees that keep coverage in force if certain conditions are met, regardless of value, the sources reportedly said.

Reinsurance lets insurers transfer some liabilities to other firms, freeing capital to support growth amid strong demand for life insurance and annuity products, Bloomberg added.

Lincoln National ( LNC ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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