Jackson Financial Reports $6.5 Billion in Third Quarter Retail Annuity Sales
Jackson Financial (JXN) reported strong third-quarter 2026 results, highlighted by over $6.5 billion in retail annuity sales. The company is successfully executing a strategic shift toward spread-based products, such as registered index-linked annuities (RILA), which now account for approximately 58% of its retail annuity sales. This transition aims to create more predictable earnings streams and reduce reliance on equity market volatility. To bolster distribution, Jackson has secured an exclusive partnership with AARP to offer digital annuities directly to members, beginning in mid-November 2026 across ten states before a national rollout in 2027. Additionally, the company utilizes its Brooke Re reinsurance structure to manage variable annuity risks and stabilize capital generation. Management remains confident in achieving at least $1.2 billion in free capital generation for the full year.
Tickers: $JXN
Topics: AARP partnership retail annuity sales RILA assets spread-based products