What does closed life and annuity blocks — interest expense mean?

The cost of servicing debt obligations specifically allocated to the closed life and annuity segment. This excludes interest credited to policyholders and focuses on the financing costs of the business unit itself.

Jackson Financial JXN Closed Life and Annuity Blocks — Interest Expense

Other segment segments

Retail Annuities

$6M0.0%

Institutional Products

$0—

Similar metrics at other companies

UNMClosed Block — Interest and Debt Expense

$0—

UNMClosed Block — Liability for Future Policy Benefit, Interest Expense

$297.1M+4.2%

LNCAnnuities — Interest and debt expense

$0—

UNMClosed Block — Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense

$392.2M+2.4%

LNCLife Insurance — Interest and debt expense

$0—

METFixed & Immediate Annuities — Interest Expense (2)

$966M+16.0%

Other financials

Income statement

See full

Revenue$2.9B-22.6%

Operating income$760.8M—

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$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:InterestExpense.

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

Ask your AI about Jackson Financial's closed life and annuity blocks — interest expense.

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

Connect your AI

Claude

Questions, answered.

What is Jackson Financial's closed life and annuity blocks — interest expense?: Jackson Financial (JXN) reported closed life and annuity blocks — interest expense of $0 in Q1 2026.
What does closed life and annuity blocks — interest expense mean?: The cost of servicing debt obligations specifically allocated to the closed life and annuity segment. This excludes interest credited to policyholders and focuses on the financing costs of the business unit itself.