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Jackson Financial Inc. - JXN STOCK NEWS

Welcome to our dedicated page for Jackson Financial news (Ticker: JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.

Jackson Financial Inc. (JXN) is a prominent financial services company renowned for its comprehensive retirement solutions. Operating under the marketing name Jackson, the company encompasses Jackson National Life Insurance Company® (headquartered in Lansing, Michigan) and Jackson National Life Insurance Company of New York® (headquartered in Purchase, New York). Jackson National Life Distributors LLC, an affiliate, is a leading provider in the annuities market, offering variable, fixed, and fixed index annuities, along with institutional products.

Jackson Financial Inc. aims to help Americans grow and protect their retirement savings and income, enabling them to pursue financial freedom. The company's core business is structured into three primary segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other. Through its subsidiaries and affiliates, Jackson also delivers asset management and retail brokerage services.

Jackson markets its diverse suite of products across 49 states and the District of Columbia via independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents. In New York, Jackson National Life Insurance Company of New York manages product distribution.

Recent achievements highlight Jackson's commitment to innovation and customer satisfaction. The company's variable annuities are designed to help retail investors save for and live in retirement, providing flexible options tailored to different financial goals. Current projects include expanding its product offerings and strengthening its digital capabilities to enhance customer experience.

Financially, Jackson Financial Inc. is robust, driven by its diversified business model and strategic partnerships. The company's solid performance is reflected in its stock market presence, symbolized by JXN. For the latest updates and news, visit www.jackson.com.

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Jackson Financial Inc. (NYSE: JXN) has appointed Christopher A. Raub as Chief Risk Officer, effective immediately. Raub will oversee enterprise risk management, including financial and operational risks, and will report to CEO Laura Prieskorn. He succeeds Bradley O. Harris, who is leaving the company. Raub brings over 23 years of experience with Jackson, previously serving as senior managing director at PPM America. His extensive background in insurance and risk management is expected to bolster Jackson's strategic initiatives. CEO Prieskorn praised Raub’s industry knowledge and leadership capabilities, highlighting his deep understanding of the company’s investment strategy and risk management. Jackson is focused on simplifying retirement planning and is committed to driving positive outcomes for its stakeholders.

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Jackson Financial Inc. (NYSE: JXN) has appointed Michael Hicks as the new Chief Information Officer (CIO) starting April 17, 2023. Hicks will be based in Lansing, Michigan, leading Jackson's information technology strategy and focusing on operational efficiencies and enhanced client experiences. Hicks brings over 25 years of experience in integrating technology and financial planning, including his role at AF Group as Chief Digital Officer. He is recognized for his innovative contributions to the industry, notably developing real-time integrations for retirement solutions. This strategic move aims to accelerate Jackson’s digital transformation and strengthen its market position.

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Jackson Financial Inc. (NYSE: JXN) is set to release its financial results for the first quarter ending March 31, 2023, on May 9, 2023, after market hours. The company will also host a conference call and webcast on May 10, 2023, at 9 a.m. ET to discuss these results. Investors can access the press release and additional financial documents on Jackson's investor relations website. Jackson is focused on simplifying retirement planning through its annuity products and aims to deliver clarity for all stakeholders involved. The company has a commitment to long-term growth and responsible engagement with its customers, shareholders, and partners.

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Jackson National Life Insurance Company (Jackson), a subsidiary of Jackson Financial Inc. (NYSE: JXN), announced that Rhonda Wolverton received the Insured Retirement Institute’s (IRI) 2023 Leadership Award for her contributions in Operations and Technology. The award was presented during the IRI Annual Conference in Miami. Wolverton's leadership has advanced innovation in the insured retirement industry, promoting consumer-friendly processes and regulatory updates. Wayne Chopus, CEO of IRI, commended her exceptional dedication. Jackson focuses on simplifying retirement planning to enhance customer and financial professional experiences.

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FAQ

What is the current stock price of Jackson Financial (JXN)?

The current stock price of Jackson Financial (JXN) is $88.28 as of December 20, 2024.

What is the market cap of Jackson Financial (JXN)?

The market cap of Jackson Financial (JXN) is approximately 6.4B.

What does Jackson Financial Inc. do?

Jackson Financial Inc. provides retirement solutions like variable, fixed, and fixed index annuities, asset management, and retail brokerage services.

Where is Jackson Financial Inc. headquartered?

Jackson Financial Inc. operates under Jackson National Life Insurance Company in Lansing, Michigan, and Jackson National Life Insurance Company of New York in Purchase, New York.

What are the main business segments of Jackson Financial Inc.?

The main business segments are Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other.

How does Jackson Financial Inc. distribute its products?

Jackson markets its products through independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents across 49 states and the District of Columbia.

What makes Jackson Financial Inc. stand out in the market?

Jackson stands out due to its comprehensive retirement solutions, innovative annuity products, strong financial performance, and strategic partnerships.

What types of annuities does Jackson Financial Inc. offer?

Jackson offers variable, fixed, and fixed index annuities designed to help investors save for and live in retirement.

Is Jackson Financial Inc. involved in asset management?

Yes, through its subsidiaries and affiliates, Jackson provides asset management and retail brokerage services.

Where can I find more information about Jackson Financial Inc.?

You can visit their official website at www.jackson.com for more details and the latest updates.

What is the stock symbol for Jackson Financial Inc.?

The stock symbol for Jackson Financial Inc. is JXN.

What recent achievements have Jackson Financial Inc. made?

Recent achievements include innovation in annuity products, expansion of product offerings, and enhancements in digital capabilities.

Jackson Financial Inc.

NYSE:JXN

JXN Rankings

JXN Stock Data

6.38B
72.85M
1.26%
94.69%
4.93%
Insurance - Life
Life Insurance
Link
United States of America
LANSING