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Jackson Financial JXN Payout Annuities — Interest accrual
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Where this comes from
Reported directly by Jackson Financial in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedNetPremiumInterestIncome.
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 item | Present Value of Expected Net Premiums / Three Months Ended March 31, 2026 / Payout / Annuities | Present Value of Expected Net Premiums / Three Months Ended March 31, 2026 / Closed Block / Life | Present Value of Expected Net Premiums / Three Months Ended March 31, 2026 / Closed Block / Annuity | Present Value of Expected Net Premiums / Year Ended December 31, 2025 / Payout / Annuities | Present Value of Expected Net Premiums / Year Ended December 31, 2025 / Closed Block / Life | Present Value of Expected Net Premiums / Year Ended December 31, 2025 / Closed Block / Annuity |
|---|---|---|---|---|---|---|
| Effect of actual variances from expected experience | — | (8) | — | — | (33) | — |
| Balance adjusted for variances from expectation | — | 1,076 | — | — | 1,171 | — |
| Issuances | — | 1 | — | — | 2 | — |
| Interest accrual | — | 10 | — | — | 35 | — |
| Net premiums collected | — | (32) | — | — | (124) | — |
| Ending balance at original discount rate | — | 1,055 | — | — | 1,084 | — |
| End of period cumulative effect of changes in discount rate assumptions | — | (97) | — | — | (86) | — |
| Balance, end of period | — | $958 | — | — | $998 | — |
Item 1. Financial Statements
FAQ
- What is Jackson Financial's payout annuities — interest accrual?
- Jackson Financial (JXN) reported payout annuities — interest accrual of $0 in Q1 2026.
- What does payout annuities — interest accrual mean?
- This represents the interest expense accrued on the liability for future policy benefits within the payout annuity segment. It reflects the time-value-of-money cost associated with maintaining these long-term obligations over the life of the contracts.
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