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Jackson Financial JXN Closed Block Life — Additional liabilities

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Other financials

Income statement

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Revenue$2.9B-22.6%
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$9.11B+41.1%
Enterprise value$6.25B+32.9%
P/S1.6×+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:LiabilityForFuturePolicyBenefitBeforeReinsuranceAdditionalLiabilitiesForInsuranceGuarantees.

The source filing: Jackson Financial’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:14 PM EST
Fiscal year
FY2025
Accession
0001822993-26-000022
Line itemDecember 31, 2025December 31, 2024
Payout Annuities$1,169$1,095
Closed Block Life3,5803,578
Closed Block Annuity3,6473,837
Reserves for future policy benefits8,3968,510
Additional liabilities
Closed Block Life1,1951,184
Other future policy benefits and claims payable1,3051,378
Reserves for future policy benefits and claims payable$10,896$11,072

Item 8. Financial Statements and Supplementary Data

FAQ

What is Jackson Financial's closed block life — additional liabilities?
Jackson Financial (JXN) reported closed block life — additional liabilities of $1.2B in Q4 2025.
What does closed block life — additional liabilities mean?
This metric captures supplemental financial obligations beyond standard policy reserves that are associated with the closed life insurance block. These liabilities often reflect specific contractual guarantees or riders that require additional capital provisioning to ensure future benefit payments.

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