Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Disability sales rise at Lincoln, fall at Hartford

X
Your article was successfully shared with the contacts you provided.

Hartford Financial Group (NYSE:HIG) and Lincoln National Corp. (NYSE:LNC) reported much different group disability sales results this week.

Lincoln — which reported only group disability sales and the group disability loss ratio — said its group disability sales rose to $41 million in the third quarter, up from $34 million in the third quarter of 2011. Group disability sales rose 21 percent as group life sales were rising 32 percent 

The company’s group disability loss ratio rose to 76.3 percent, from 70.4 percent.

Hartford, which released more group disability data, is reporting $25 million in new group disability sales on $411 million in group disability revenue, compared with $36 million in new sales on $452 million in revenue for the third quarter of 2011.

Group disability sales fell 31 percent as group life sales fell 55 percent.

Hartford’s group disability loss ratio fell to 79.3 percent, from 80.1 percent.

See also:


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.