Company Overview of Jackson National Life Insurance Company Inc.
Jackson National Life Insurance Company Inc., together with its subsidiaries, provides annuity products, investment contracts, and life insurance products in the United States. It offers a range of retirement solutions, including variable, fixed, and fixed index annuities; and institutional products, such as medium-term notes, funding agreements, and guaranteed investment contracts. The company also provides asset management, retail brokerage services, investment advisory, transfer agency, fund accounting, and administration services for funds and separate accounts. Jackson National Life Insurance Company Inc. markets and wholesales its retail annuity products to independent and regional bro...
1 Corporate Way
Lansing, MI 48951
Founded in 1961
Key Executives for Jackson National Life Insurance Company Inc.
Chairman and Chief Executive Officer
President and Chief Operating Officer
Chief Financial Officer and Executive Vice President
Chief Administrative Officer and Senior Vice President
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2016.
Jackson National Life Insurance Company Inc. Key Developments
Jackson National Life Insurance Company Launches Perspective AdvisorySM
Sep 21 16
Jackson National Life Insurance Company announced the launch of Perspective Advisory, the company’s first fee-based variable annuity. Perspective Advisory offers the same investments and optional benefits, for an additional charge, as Perspective II. Perspective Advisory’s key features include: Compensation structure: Advisor compensation is fee-based, rather than commission-based. Product cost: Contract charge of 0.30% annually for mortality, expense and administration costs. Surrender period: Three-year withdrawal charge schedule of 2%, 2%, 1% and 0%. Investment freedom: More than 90 investment options are available, offering access to world-class money managers and the flexibility to design a portfolio that meets consumers’ unique investing needs. Product guarantees: A full suite of optional living and death benefits are available at an additional charge, designed to provide the opportunity to grow retirement assets and obtain guaranteed income for life.
Jackson National Life Insurance Company Announces Earnings Results for the First Half Ended June 30, 2016
Aug 10 16
Jackson National Life Insurance Company announced earnings results for the first half ended June 30, 2016. For the period, the company generated $1.3 billion in IFRS pretax operating income, up slightly over first half 2015. These results were primarily driven by fee income on record separate account assets under management of $138.9 billion, which continue to grow due to positive variable annuity net flows. The company recorded sales and deposits of $11.2 billion in the first half of the year, down 14% from the same period in 2015, as reduced sales of variable annuities more than offset higher sales of fixed and fixed index annuities, as well as institutional products. IFRS net loss was $445.6 million and US GAAP basis net loss attributable to company was $465.8 million.
Jackson National Life Insurance Company Inc. Presents at Standard & Poor's 32nd Annual Insurance Conference, Jun-15-2016 02:45 PM
May 25 16
Jackson National Life Insurance Company Inc. Presents at Standard & Poor's 32nd Annual Insurance Conference, Jun-15-2016 02:45 PM. Venue: New York Marriott Marquis, New York, New York, United States. Speakers: Barry Lee Stowe, Chairman and Chief Executive Officer.
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