Ratings

Rating agencies routinely assess our financial strength and stability. We're proud to be recognized for our commitment and financial stewardship with these strong ratings. As of November 2, 2021, these ratings represent the most recent ratings assigned by the respective agencies.

Financial strength ratings

The Lincoln National Life Insurance Company (Fort Wayne, IN) And

Lincoln Life & Annuity Company of New York (Syracuse, NY)

Rating agency Rating Outlook Last Update
AM Best

A+

2nd highest of 16

Stable 3/3/2020
Fitch

A+

5th highest of 19

Stable 3/17/2020
Moody's

A1

5th highest of 21

Stable 1/19/2018
S&P

AA-

4th highest of 21

Stable 10/21/2019

First-Penn Pacific Life Insurance Company (Fort Wayne, IN)

Rating Agency Rating Outlook Last Update
AM Best

A

3rd highest of 16

Stable 3/3/2020
Fitch

A+

5th highest of 19

Stable 3/17/2020
Moody's

A1

5th highest of 21

Stable 1/19/2018
S&P

A-

7th highest of 21

Stable 10/21/2019

Other ratings

Lincoln National Corporation ratings (Radnor, PA)

Rating Agency Outlook Last Update Commercial paper rating Long-term debt rating
AM Best Stable 3/3/2020

AMB-1

2nd highest of 6

a-

7th highest of 22

Fitch Stable 3/17/2020

F2

3rd highest of 8

BBB+

8th highest of 21

Moody's Stable 1/19/2018

P-2

2nd highest of 4

Baa1

8th highest of 21

S&P Stable 10/21/2019

A-2

3rd highest of 7

A-

7th highest of 22