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May 23, 2015 11:06 AM ET

Insurance

Company Overview of Jackson National Life Insurance Company

Company Overview

Jackson National Life Insurance Company provides life insurance and institutional 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 and retail brokerage services. Jackson National Life Insurance Company markets its retail annuity products to independent and regional broker-dealers, wirehouses, financial institutions, and independent insurance agents, as well as institutional products to investment banks, institutional investors, and pension plan providers. The co...

1 Corporate Way

Lansing, MI 48951

United States

Founded in 1961

Key Executives for Jackson National Life Insurance Company

Chief Executive Officer and President
Age: 53
Chief Financial Officer and Executive Vice President
Chief Operating Officer
President of Institutional Marketing Group
Chief Information Officer and Senior Vice President
Compensation as of Fiscal Year 2014.

Jackson National Life Insurance Company Key Developments

Jackson National Life Insurance Company Announces Executive Changes

Jackson National Life Insurance Company announced a change in senior leadership, with the impending retirement of Thomas J. Meyer, senior vice president and general counsel. Meyer will be succeeded by Andrew J. Bowden who is presently serving as director of the U.S. Security and Exchange Commission (SEC) Office of Compliance Inspections and Examinations. Meyer will be succeeded by Andrew (Drew) Bowden who will be leaving the SEC as director of the Office of Compliance Inspections and Examinations to assume the role of senior vice president, general counsel at Jackson.

Jackson National Life Insurance Company Announces Executive Changes

Jackson National Life Insurance Company announced several changes in senior leadership, including the impending departure of Clifford Jack as executive vice president and head of retail at the end of the year to pursue other opportunities. Greg Cicotte will assume the role of head of U.S. wealth management and distribution, a newly created position that will replace the role held by Jack. Cicotte currently serves as president of Jackson National Life Distributors LLC (JNLD). In Cicotte’s new role, he will be responsible for overall product, marketing and distribution strategy and execution across all of Jackson’s U.S. businesses. He will report to Wells.

Jackson National Life Insurance Company Announces Earnings Results for the First Half of 2014

Jackson National Life Insurance Company announced earnings results for the first half of 2014. For the period, the company generated a record $1.1 billion in IFRS pretax operating income, an increase of 20% over the first half of 2013. This overall increase was primarily driven by increased fee income on higher separate account assets under management. Sales and deposits was $15.9 billion, up 16% over same period last year. Net income was $489.1 million. US GAAP net income was $453.2 million.

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