What is Jackson Financial's reserve for insurance claims?

Jackson Financial (JXN) reported reserve for insurance claims of $977M in Q3 2022.

How has Jackson Financial's reserve for insurance claims changed year-over-year?

Jackson Financial's reserve for insurance claims decreased by 6.2% year-over-year, from $1.04B to $977M.

Jackson Financial JXN Reserve for insurance claims

Discontinued — last reported Q3 '22

Reserve for insurance claims at other companies

Globe LifeGL

$548.53M+0.3%

Corebridge FinancialCRBG

——

Reinsurance Group of AmericaRGA

——

Cincinnati FinancialCINF

——

Segments

By product

See full

Closed Block Annuity$3.53B-7.2%

Payout Annuities$1.03B+2.1%

Other financials

Income statement

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Revenue$2.9B-22.6%

Operating income$760.8M—

Net income-$424.0M-1,667%

EPS (diluted)-$6.24-1,200%

Balance sheet

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Cash & equivalents$5.5B+42.5%

Total debt$2.7B+31.8%

Total equity$9.5B-7.8%

Total assets$339.54B+3.8%

Cash flow

See full

Operating cash flow$1.0B-34.4%

Valuation

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Market cap$7.45B+22.3%

Enterprise value$4.59B+8.2%

P/S1.3×+0.4×

Profitability

See full

Net margin11.7%—

Returns & leverage

See full

Return on equity5.5%—

Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Jackson Financial in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

The official record: Jackson Financial’s 10-Q, filed November 10, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jackson Financial's reserve for insurance claims?: Jackson Financial (JXN) reported reserve for insurance claims of $977M in Q3 2022.
How has Jackson Financial's reserve for insurance claims changed year-over-year?: Jackson Financial's reserve for insurance claims decreased by 6.2% year-over-year, from $1.04B to $977M.