Lincoln Financial, a US financial services provider specialising in life insurance, annuities and retirement products, has announced a new reinsurance agreement with Talcott Financial Group, a global life and annuity insurance and reinsurance specialist. Lincoln Financial said the arrangement includes counterparty protections such as over-collateralisation requirements and investment guidelines agreed between the parties to support alignment with its risk management approach. Following completion, Lincoln Financial will continue to oversee policy administration, recordkeeping and claims management. Lincoln Financial said Talcott Financial Group, alongside its regulated insurance and reinsurance subsidiaries, is an established participant in the life and annuity reinsurance sector. The agreement remains subject to standard closing requirements, including regulatory approval, and Lincoln Financial expects completion in the fourth quarter of 2026.