What is Jackson Financial's closed block annuity — issuances?

Jackson Financial (JXN) reported closed block annuity — issuances of $0 in Q1 2026.

What is the long-term trend for Jackson Financial's closed block annuity — issuances?

Over 2 years (2023 to 2025), Jackson Financial's closed block annuity — issuances has grown at a -100.0% compound annual growth rate (CAGR), from $1M to $0.

What does closed block annuity — issuances mean?

This tracks the volume of new annuity contracts issued within the closed block segment during the reporting period. For a closed block, this metric typically trends toward zero as the segment is no longer actively marketed to new customers.

Jackson Financial (JXN) Closed Block Annuity — Issuances

Screener

Other product segments

Payout Annuities

$0—

Similar metrics at other companies

METFixed Annuity — Issuances

$440M+2.3%

EQHHealth — Issuances

$0—

EQHPayout — Issuances

$193M-2.0%

EQHTerm — Issuances

$8M-27.3%

CIAPermanent — Issuances

$38.79M+18.0%

AFLAccident — Issuances

$58M-3.3%

Other financials

Income statement

See full

Revenue$2.9B-22.6%

Net income-$424.0M-1,667%

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

Balance sheet

See full

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

See full

Market cap$9.11B+41.1%

Enterprise value$6.25B+32.9%

P/S1.6×+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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.

The source filing: Jackson Financial’s 10-Q, filed May 5, 2026.

Filed: May 5, 2026, 4:22 PM EDT
Fiscal quarter: Q1 FY2026
Calendar quarter: Q1 2026
Accession: 0001822993-26-000072

Line item	Present Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Payout / Annuities	Present Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / Life	Present Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / Annuity	Present Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Payout / Annuities	Present Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / Life	Present Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / Annuity
Effect of changes in cash flow assumptions	—	—	—	(20)	414	(8)
Effect of actual variances from expected experience	1	6	2	(16)	(30)	6
Balance adjusted for variances from expectation	1,228	5,255	3,806	1,159	5,615	4,090
Issuances	30	3	—	171	8	—
Interest accrual	12	39	40	47	150	169
Benefits payments	(43)	(154)	(111)	(150)	(524)	(455)
Ending balance of original discount rate (including DPL of $106, nil and $534 in March 31, 2026, and $110, nil and $546 in December 31, 2025 for payout annuities, closed block life and closed block annuity, respectively)	1,227	5,143	3,735	1,227	5,249	3,804
End of period cumulative effect of changes in discount rate assumptions	(71)	(721)	(202)	(58)	(671)	(157)

Item 1. Financial Statements

FAQ

What is Jackson Financial's closed block annuity — issuances?: Jackson Financial (JXN) reported closed block annuity — issuances of $0 in Q1 2026.
What is the long-term trend for Jackson Financial's closed block annuity — issuances?: Over 2 years (2023 to 2025), Jackson Financial's closed block annuity — issuances has grown at a -100.0% compound annual growth rate (CAGR), from $1M to $0.
What does closed block annuity — issuances mean?: This tracks the volume of new annuity contracts issued within the closed block segment during the reporting period. For a closed block, this metric typically trends toward zero as the segment is no longer actively marketed to new customers.