Lincoln National Corp. plans to boost its allocation to commercial mortgage loans to 11 percent of its invested assets by 2018.

That compares with an allocation of 9 percent to that asset class in 2015, the Radnor, Pennsylvania-based insurer said Thursday in a presentation for investors. The company also plans to increase its holdings of alternative assets, and shift that portfolio more toward private equity and away from hedge funds, according to the presentation.

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