Talcott Financial Group Announces $6 Billion Reinsurance Transaction With Lincoln Financial - LNC News | RalliesTalcott Financial Group Announces $6 Billion Reinsurance Transaction With Lincoln Financial
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LNC• Talcott announces $6 billion reinsurance transaction with Lincoln Financial
- Talcott Financial Group announces a $6 billion reinsurance transaction with Lincoln Financial.
- Talcott said that under the terms, it will reinsure about a $5.8 billion run-off block of universal life with secondary guarantee policies.
- Lincoln Financial will continue to administer and service the reinsured policies.
