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 1, 2018, these ratings represent the most recent ratings assigned by the respective agencies.

Financial strength ratings

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

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

Rating agency Rating Outlook Last Update
A.M. Best

A+

2nd highest of 16

 Stable 2/14/2018
Fitch

A+

5th highest of 19

 Positive 1/19/2018
Moody's

A1

5th highest of 21

 Stable 1/19/2018
Standard & Poor's

AA-

4th highest of 21

 Stable 10/17/2018

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

Rating Agency Rating Outlook Last Update
A.M. Best

A

3rd highest of 16

 Stable 2/14/2018
Fitch

A+

5th highest of 19

 Positive 1/19/2018
Moody's

A1

5th highest of 21

 Stable 1/19/2018
Standard & Poor's

A-

7th highest of 21

 Stable 10/17/2018

Liberty Life assurance company of boston (Dover, NH)

Rating Agency Rating Outlook Last Update
A.M. Best

A

3rd highest of 16

 Stable 5/18/2018
Standard & Poor's

AA-

4th highest of 21

 Stable 6/8/2018

Other ratings

Lincoln National Corporation ratings (Radnor, PA)

Rating Agency Outlook Last Update Commercial paper rating Long-term debt rating
A.M. Best Stable 2/14/2018

AMB-1

2nd highest of 6

a-

7th highest of 22
Fitch Positive 1/19/2018

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
Standard & Poor's Stable 10/17/2018

A-2

3rd highest of 7

A-

7th highest of 22