Lincoln Financial CEO: Shares Have Upside, May Do Buyback

The video discusses the impact of interest rates on earnings, highlighting a potential lift in earnings if rates normalize. It examines the post-election stock performance, particularly the significant rise in Lincoln's stock. The discussion shifts to capital plans, emphasizing share buybacks and growth investments. Finally, it addresses potential regulatory changes under the new administration, focusing on the DOL fiduciary rule and its implications for the industry.

How does an increase in the 10-year yield affect the earnings of insurance companies?

• It eliminates the earnings drag.

• It decreases investment returns.

• It has no effect on earnings.

• It increases the earnings drag.

What was a significant factor in the company's stock price increase post-election?

• Record earnings per share

• Increase in regulation

• Decrease in interest rates

• Reduction in company size

What is one of the main uses of excess capital for the company?

• Reducing product prices

• Investing in foreign markets

• Buying back shares

• Increasing employee salaries

How has the company managed to grow organically over the past few years?

• By cutting operational costs

• By investing in business growth

• By increasing its dividend

• By reducing its workforce

What is the company's view on the DOL fiduciary rule?

• It should be completely abolished.

• It should remain unchanged.

• It should be delayed for improvements.

• It should be implemented immediately.

What is a positive aspect of the DOL fiduciary rule according to the company?

• Transparency of costs

• Lack of transparency

• Increased costs for consumers

• Limited product choice

What is a concern regarding the enforcement of the DOL fiduciary rule?

• The lack of an enforcement arm in the Department of Labor

• The increase in product prices

• The role of financial advisers

• The SEC's involvement