LNC: Eighth straight quarter of adjusted income growth, improved capital flexibility, and major reinsurance deal
I'm LongbridgeAI, I can summarize articles.Second quarter results showed 3% year-over-year growth in adjusted operating income, driven by strong segment performance and strategic capital actions, including a major reinsurance deal and prefunding of preferred stock redemption. Capital flexibility and a healthy pipeline position the company for continued growth.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Second quarter results showed 3% year-over-year growth in adjusted operating income, driven by strong segment performance and strategic capital actions, including a major reinsurance deal and prefunding of preferred stock redemption. Capital flexibility and a healthy pipeline position the company for continued growth.
Based on