secwatch.observer — SEC 8-K summary
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Issuer:     Jackson Financial Inc. (JXN)
CIK:        0001822993
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001822993-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jackson Q2 adj op earnings $410M ($5.32/sh); record RILA sales $1.4B; buyback auth +$750M
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- GAAP net income $264M ($3.43 diluted EPS) vs $1.2B ($14.21) year ago; adjusted op earnings $410M ($5.32) vs $283M ($3.34).
- Record RILA sales of $1.4B in Q2, up from $541M in Q2 2023.
- Total annuity AUM $247B, up 9% YoY; holding company cash >$500M above minimum buffer.
- Board approved $750M increase to share repurchase authorization; Q2 returned $144M via buybacks ($90M) and dividends ($54M).
- JNLIC RBC ratio 550-570%, total adjusted capital $4.7B; distributed $250M to parent in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000026/0001822993-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000026/jxn-20240807.htm
  HTML page:      https://secwatch.observer/filing/0001822993-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer