PHILADELPHIA, Aug. 28 /PRNewswire-FirstCall/ -- Lincoln Financial Group (NYSE:LNC) today reported that it ranked #1 in life insurance sales for 2007 in LIMRA's latest annual life insurance sales survey*.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO ) Dennis Glass, President and CEO, said, "These results reflect Lincoln's ongoing efforts to build both our wholesale and retail distribution, our strategy to sell in multiple channels and provide innovative product and service solutions for clients." Additional support for Lincoln Financial's strategy is reflected from our analysis of MARC (Morningstar Annuity Research Center) data, which demonstrates that, through the first six months of 2008, Lincoln Financial ranked #1 for non-captive variable annuity sales (sales by advisors who choose from product offerings from more than one company).
Glass also noted, "We believe the life insurance industry's business model of providing lifetime financial security through life insurance, annuities with living benefits, and other products, remains intact and will grow in demand despite the external environment's challenges." About Lincoln Financial Group Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in Philadelphia region, the companies of Lincoln Financial Group had assets under management of $221 billion as of June 30, 2008. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries; and Lincoln UK. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit http://www.lincolnfinancial.com/ * Based on 2007 annualized premium, which includes planned recurring premium plus 10 percent of single premium. http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO http://photoarchive.ap.org/ DATASOURCE: Lincoln Financial Group CONTACT: Media Relations, Christopher Allen, +1-484-583-3622; or Deb Breines, +1-484-583-6383, both of Lincoln Financial Group, Web site: http://www.lincolnfinancial.com/
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