Lincoln Financial Group, with operations in Hartford, posted higher fourth-quarter profits and was profitable overall in 2010.
The life insurance and financial services provider, which also operates as Lincoln National Corp., earned $196 million, or 60 cents a share, in the three months ended Dec. 31, up from $102 million, or 27 cents a share, earned the same quarter in 2009.
For all of 2010, Lincoln earned a net $980 million, or $2.54 a share compared to a net loss of $485 million, or $1.85 a share, in 2009.
