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Jackson Financial JXN Closed Life and Annuity Blocks — Other commission expenses
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Where this comes from
Reported directly by Jackson Financial in its filing.
Tagged under the XBRL concept jxn:OtherCommissionExpense.
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
| Three Months Ended March 31, 2026 | Retail Annuities | Institutional Products | Closed Lifeand Annuity Blocks | Corporate and Other | Total Consolidated |
|---|---|---|---|---|---|
| Interest credited | 118 | 114 | 86 | — | 318 |
| Interest expense | 6 | — | — | 19 | 25 |
| Asset-based commission expenses | 295 | — | — | — | 295 |
| Other commission expenses | 315 | — | 7 | — | 322 |
| Sub-advisor expenses | 76 | — | — | (2) | 74 |
| General and administrative expenses | 232 | 1 | 27 | 39 | 299 |
| Deferral of acquisition costs | (255) | — | — | — | (255) |
| Amortization of deferred acquisition costs | 158 | — | 2 | — | 160 |
Item 1. Financial Statements
FAQ
- What is Jackson Financial's closed life and annuity blocks — other commission expenses?
- Jackson Financial (JXN) reported closed life and annuity blocks — other commission expenses of $7M in Q1 2026.
- How has Jackson Financial's closed life and annuity blocks — other commission expenses changed year-over-year?
- Jackson Financial's closed life and annuity blocks — other commission expenses decreased by 22.2% year-over-year, from $9M to $7M.
- What is the long-term trend for Jackson Financial's closed life and annuity blocks — other commission expenses?
- Over 3 years (2022 to 2025), Jackson Financial's closed life and annuity blocks — other commission expenses has grown at a -3.7% compound annual growth rate (CAGR), from $37M to $33M.
- What does closed life and annuity blocks — other commission expenses mean?
- Represents the non-asset-based sales commissions paid to distributors for products within the closed life and annuity segment. These costs are associated with the ongoing servicing or legacy management of policies that are no longer actively marketed. Monitoring these expenses helps assess the cost efficiency of maintaining a legacy book of business.
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