secwatch.observer — SEC 8-K summary
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Issuer:     Jackson Financial Inc. (JXN)
CIK:        0001822993
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001822993-24-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jackson Q4 net loss $1.6B; adjusted op earnings $204M; CFO Wadsten to retire June 3
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- Net loss attributable to common shareholders of $1.6B ($19.64/diluted share) in Q4 2023 vs $1.2B loss in Q4 2022.
- Adjusted operating earnings of $204M ($2.53/diluted share) in Q4 2023 vs $294M ($3.39) in Q4 2022; includes $(0.79) actuarial assumption update impact.
- Full-year 2023 adjusted operating earnings $1.1B ($12.84/diluted share); 2024 capital return target $550-650M; Q1 dividend raised to $0.70/share (up 13%).
- CFO Marcia Wadsten to retire June 3, 2024; Don Cummings (SVP, CAO) expected to succeed as CFO.
- RILA sales $1.0B in Q4 2023 (up from $560M) and $2.9B full year (up from $1.8B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000005/0001822993-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000005/jxn-20240216.htm
  HTML page:      https://secwatch.observer/filing/0001822993-24-000005

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