secwatch.observer — SEC 8-K summary
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Issuer:     Jackson Financial Inc. (JXN)
CIK:        0001822993
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001822993-24-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jackson Q3 net loss $480M on reinsurance loss; adj. operating earnings $350M, up 11% YoY
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- Retail annuity sales of $5.3B, up 59% YoY; record RILA sales $1.6B (+99%), fixed annuity sales $1B from $76M.
- Net loss attributable to common shareholders $480M ($6.37 loss per diluted share) vs. $2.8B income in Q3 2023.
- Adjusted operating earnings $350M ($4.60 per diluted share), up from $315M ($3.80) a year ago.
- Returned $167M to shareholders in Q3 via $113M buybacks and $54M dividends; YTD $483M, targeting $550-650M for FY.
- JNLIC total adjusted capital $4.8B, estimated RBC ratio 550-570%; holding company cash nearly $650M above $250M minimum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000035/0001822993-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822993/000182299324000035/jxn-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001822993-24-000035

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