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Jackson Financial JXN Closed Block Annuity — Reserves for future policy benefits

Other product segments

Payout Annuities
$1.16B+2.8%

Similar metrics at other companies

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UNMClosed Block — Reserves for Future Policy Contract Benefits
$25.09B+4.2%
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UNMClosed Block — Net liability for future policy benefits
$23.1B+2.3%
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UNMClosed Block — Total liability for future policy benefits
$24.52B+1.9%
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UNMClosed Block — Liability for Future Policy Benefit, Expected Future Policy Benefit, before Reinsurance, after Discount Rate Change
$30.47B+0.9%
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UNMClosed Block — Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense
$392.2M+2.4%
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UNMClosed Block — Benefits and Change in Reserves for Future Benefits
$392.7M-7.0%

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

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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

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Net margin11.7%

Returns & leverage

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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 jxn:LiabilityForFuturePolicyBenefitBeforeReinsuranceReserve.

The official record: Jackson Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jackson Financial's closed block annuity — reserves for future policy benefits?
Jackson Financial (JXN) reported closed block annuity — reserves for future policy benefits of $3.53B in Q1 2026.
How has Jackson Financial's closed block annuity — reserves for future policy benefits changed year-over-year?
Jackson Financial's closed block annuity — reserves for future policy benefits decreased by 7.2% year-over-year, from $3.81B to $3.53B.
What is the long-term trend for Jackson Financial's closed block annuity — reserves for future policy benefits?
Over 2 years (2023 to 2025), Jackson Financial's closed block annuity — reserves for future policy benefits has grown at a -6.3% compound annual growth rate (CAGR), from $17.02B to $14.93B.
What does closed block annuity — reserves for future policy benefits mean?
This represents the total actuarial liability held to cover future benefit obligations for closed block annuity products. It reflects the present value of expected future benefit payments, serving as a critical indicator of the company's long-term solvency and commitment to policyholders in legacy segments.