Name | Value |
---|---|
Revenues | -322.0M |
Cost of Revenue | 0.0M |
Gross Profit | -322.0M |
Operating Expense | 900.0M |
Operating I/L | -7.0M |
Other Income/Expense | 1,910.0M |
Interest Income | 0.0M |
Pretax | 903.0M |
Income Tax Expense | 101.0M |
Net Income/Loss | 795.0M |
Jackson Financial Inc. offers a range of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment provides retirement income and savings products, including variable, fixed index, fixed, and payout annuities. The Institutional Products segment offers traditional guaranteed investment contracts and funding agreements. The Closed Life and Annuity Blocks segment provides various protection products, such as life insurance and annuities. The company also offers investment management services and sells its products through a distribution network of financial institutions, broker-dealers, and insurance agents.