secwatch.observer — SEC 8-K summary
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Issuer:     Jackson Financial Inc. (JXN)
CIK:        0001822993
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001822993-23-000022
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jackson Financial reports Q1 net loss of $1.5B, adjusted operating earnings down 28% YoY
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- Net loss of $1,497M ($18.11 diluted EPS); adjusted operating earnings $271M ($3.15) down 28% from Q1 2022.
- Returned $124M to shareholders: $70M buybacks, $54M dividends; on track for $450-550M target.
- RILA sales $533M, up 168% YoY from $199M; total annuity account value $219B down 10% YoY, up 4% QoQ.
- Holding company liquidity >$1.5B; issued preferred stock with $533M net proceeds; RBC ratio within 425-500%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822993/000182299323000022/0001822993-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822993/000182299323000022/jxn-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001822993-23-000022

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