Jackson Financial Inc
F:8WF

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Jackson Financial Inc
F:8WF
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Price: 87.42 EUR 0.83% Market Closed
Market Cap: €6.7B

Jackson Financial Inc
Investor Relations

Jackson Financial Inc. is a retirement-focused financial services company. It sells annuities and related products that help people turn savings into a stream of income in retirement, while also offering investment products through its asset-management business. Its customers are mainly individual retirement savers, financial advisers, and institutions that buy or distribute retirement and investment products. The company makes money mostly from the fees, spreads, and investment income tied to the contracts it issues and manages. In simple terms, customers pay Jackson to take on long-term retirement risk, manage their money, and provide income features that are difficult for many people to build on their own. Jackson also earns fees from managing assets for clients through its investment platform. What makes Jackson’s business different is its focus on the retirement stage of investing. Instead of selling everyday banking products or general insurance, it specializes in products that convert savings into dependable retirement income and in the asset management that supports those products. That puts it in a key middle role between savers, advisers, and the capital markets that back long-term promises.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 6, 2026
AI Summary
Q1 2026

Strong start: Jackson said 2026 is off to a strong start, with pretax operating earnings up 12% year over year excluding notable items and sales momentum across both RILA and FIA products.

Sales growth: Retail annuity sales rose 31% year over year to $5.3 billion, led by RILA and the newly launched FIA, with fixed annuity and FIA sales reaching $756 million.

Capital strength: Total adjusted capital ended at $5.5 billion, up nearly 5% from a year ago, while the estimated RBC ratio was 554% and holding company liquidity was nearly $650 million.

Targets reaffirmed: Management kept full-year 2026 targets unchanged, including at least $1.2 billion of free capital generation and $900 million to $1.1 billion of capital return to common shareholders.

TPG partnership: Jackson said the new TPG relationship has already started deploying capital and should help support spread-based products through higher new money yields over time.

Q&A focus: Analysts pressed on industry consolidation, capital sensitivity to alternatives, and how PCAPs and the TPG partnership may affect future capital deployment and distributions.

Key Financials
Pretax adjusted operating earnings
$430 million
Pretax adjusted operating earnings excluding notable items
$503 million
Adjusted operating EPS
$5.15
Adjusted operating EPS excluding notable items and tax normalization
$5.94
Retail annuity sales
$5.3 billion
RILA sales
$2 billion
Fixed annuity and FIA sales
$756 million
Nonvariable annuity net inflows
$2.5 billion
Net hedge result
loss of $101 million
Free capital generation
$271 million
Capital return to common shareholders
$257 million
Total adjusted capital
$5.5 billion
RBC ratio
554%
Holding company liquidity
nearly $650 million
Free cash flow
$288 million
After-tax statutory capital generation
$342 million
TPG capital contribution to Brooke Re
$500 million
PCAPs facility
$900 million
Total available liquidity at Jackson Financial
approximately $3 billion
PPM assets under management
approximately $95 billion
Total leverage ratio
approximately 19.8%
Earnings Call Recording
Other Earnings Calls

Management

Ms. Carrie Lynn Chelko
Executive VP & General Counsel
No Bio Available
Mr. Craig Donald Smith C.F.A.
President, CEO & Chief Investment Officer of PPM America, Inc.
No Bio Available
Mr. Scott Eric Romine
President & CEO of Jackson National Life Distributors LLC
No Bio Available
Mr. Don Wayne Cummings
Executive VP, CFO, Controller & Chief Accounting Officer
No Bio Available
Mr. Devkumar Dilip Ganguly
Executive VP & COO
No Bio Available
Mr. Michael Ray Hicks
Chief Information Officer
No Bio Available
Ms. Elizabeth Ann Werner
Head of Investor Relations
No Bio Available
Ms. Dana Scamarcia Rapier
Senior VP & Chief Human Resources Officer of Jackson
No Bio Available
Ms. Stacey Lynn Schabel
Senior VP & Chief Audit Executive
No Bio Available
Mr. Christopher Allen Raub
Executive VP & Chief Risk Officer
No Bio Available

Contacts

Address
MICHIGAN
Lansing
1 Corporate Way
Contacts
+15173815500.0
www.jackson.com
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