Jackson Financial Inc.

Jackson Financial Inc. (NYSE: JFI) is a financial services company headquartered in Lansing, Michigan, with additional offices in Franklin, Tennessee and Chicago, Illinois. The company operates at investors.jackson.com and focuses on helping Americans secure their financial futures through a comprehensive suite of annuity products and related services.

The company operates three reportable segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. Retail Annuities represents the core business, offering variable annuities, registered index-linked annuities (RILAs), fixed and fixed index annuities, and payout annuities to retail investors. Jackson Financial ranks among the leading annuity providers in the United States, holding the seventh largest position by sales as of September 2025. The company's variable annuities have been among the best-selling products in their category, distinguished by broad investment options and optional guaranteed benefits including Guaranteed Minimum Withdrawal Benefits for Life (GMWB for Life), Enhanced Guaranteed Minimum Death Benefits (Enhanced GMDB), and other protective features. The Institutional Products segment generates investment spread-based income through guaranteed investment contracts, funding agreements, and other institutional offerings. The Closed Life and Annuity Blocks segment manages acquired blocks of life insurance and annuity business, including over 1.3 million policies in force.

Jackson Financial distributes its products through approximately 500 broker-dealer partners representing over 121,000 appointed advisors across independent broker-dealers, banks, wirehouses, and regional broker-dealers. The company also serves more than 2,100 registered investment advisory firms with approximately 28,000 investment advisory representatives. The company's principal operating subsidiary, Jackson National Life Insurance Company, was founded in 1961 and is licensed to distribute insurance products across all 50 states and the District of Columbia.

The company maintains a scalable operating platform administering approximately 82% of its in-force policies in-house, supporting competitive advantages in cost efficiency and customer service. Jackson National Asset Management LLC (JNAM) manages separate account assets for variable annuities, while PPM America manages the general account investment portfolio and provides third-party investment management services. As of December 31, 2025, the company managed approximately $351 billion in assets under management and generated total sales of $23.2 billion.