Skip to content
Screener

Jackson Financial JXN Closed Block Life — Less: Reinsurance recoverable

Other product segments

Payout Annuities
$129M+9.3%
Closed Block Annuity
$4M0.0%

Similar metrics at other companies

Fidelity National Financial logo
FNFTraditional Life — Less: Reinsurance recoverable
$498M-5.1%
F&G Annuities & Life logo
FGTraditional Life — Less: Reinsurance recoverable
$510M+0.2%
Citizens logo
CIAPermanent — Less: Reinsurance recoverable
$9.41M+136%
Citizens logo
CIADomestic Insurance Segment — Less: Reinsurance recoverable
$9.41M+136%
Citizens logo
CIAInternational Insurance Segment — Less: Reinsurance recoverable
$0
Fidelity National Financial logo
FNFImmediate annuities — Less: Reinsurance recoverable
$104M-4.6%

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:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance.

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 itemPresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Payout / AnnuitiesPresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / LifePresent Value of Expected Future Policy Benefits / Three Months Ended March 31, 2026 / Closed Block / AnnuityPresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Payout / AnnuitiesPresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / LifePresent Value of Expected Future Policy Benefits / Year Ended December 31, 2025 / Closed Block / Annuity
Interest accrual12394047150169
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)1,2275,1433,7351,2275,2493,804
End of period cumulative effect of changes in discount rate assumptions(71)(721)(202)(58)(671)(157)
Balance, end of period$1,156$4,422$3,533$1,169$4,578$3,647
Reserves for future policy benefits1,1563,4643,5331,1693,5803,647
Less: Reinsurance recoverable1291,95241282,0124
Reserves for future policy benefits, after reinsurance recoverable$1,027$1,512$3,529$1,041$1,568$3,643

Item 1. Financial Statements

FAQ

What is Jackson Financial's closed block life — less: reinsurance recoverable?
Jackson Financial (JXN) reported closed block life — less: reinsurance recoverable of $1.95B in Q1 2026.
How has Jackson Financial's closed block life — less: reinsurance recoverable changed year-over-year?
Jackson Financial's closed block life — less: reinsurance recoverable decreased by 0.7% year-over-year, from $1.97B to $1.95B.
What is the long-term trend for Jackson Financial's closed block life — less: reinsurance recoverable?
Over 2 years (2023 to 2025), Jackson Financial's closed block life — less: reinsurance recoverable has grown at a -5.4% compound annual growth rate (CAGR), from $8.79B to $7.87B.
What does closed block life — less: reinsurance recoverable mean?
Represents the portion of the total policy benefit liabilities that is expected to be recovered from third-party reinsurers. This metric highlights the extent to which the company has transferred insurance risk to external partners. A higher value indicates a greater reliance on reinsurance to mitigate potential losses within the closed block.

Ask your AI about Jackson Financial's closed block life — less: reinsurance recoverable.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude