Jackson Financial Inc. (JXN)

USD 84.91

(-6.04%)

Market Cap (In USD)

6.27 Billion

Revenue (In USD)

3.15 Billion

Net Income (In USD)

934 Million

Avg. Volume

736.98 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
47.49-115.22
PE
-
EPS
-
Beta Value
1.486
ISIN
US46817M1071
CUSIP
46817M107
CIK
1822993
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Insurance - Life
CEO
Ms. Laura Louene Prieskorn
Employee Count
-
Website
https://www.jackson.com
Ipo Date
2021-09-01
Details
Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. This segment also provides a block of group payout annuities. The company also offers investment management services. It sells its products through a distribution network that includes independent broker-dealers, banks and other financial institutions, wirehouses and regional broker-dealers, and independent registered investment advisors, third-party platforms, and insurance agents. Jackson Financial Inc. was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. The company was incorporated in 2006 and is headquartered in Lansing, Michigan.