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Jackson Financial JXN Variable annuity — Cash surrender value

Other product segments

RILA
$20.86B+76.0%
Fixed Index Annuities
$8.06B+2.2%
Closed Block Annuity
$1.04B-7.8%
Payout Annuities
$0

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AMPFixed Annuity — Cash surrender value
$4.82B-7.9%
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METFixed Annuity — Cash surrender value
$45.86B+8.3%
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$399M-9.9%
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AMPFixed Indexed Annuity — Cash surrender value
$263M-5.7%

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 us-gaap:CashSurrenderValueDuePolicyholdersAmount.

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
March 31, 2026Variable / AnnuityRILAFixed / AnnuityFixed / Index / AnnuitiesPayout / AnnuityClosed / Block / LifeClosed / Block / Annuity
Weighted-average crediting rate (1)2.52%0.41%3.83%1.94%3.33%6.01%3.48%
Net amount at risk (2)$14,592
Cash surrender value (3)$6,190$20,861$9,087$8,059$10,332$1,035
December 31, 2025
Weighted-average crediting rate (1)2.87%0.33%3.69%1.89%3.28%6.01%3.60%
Net amount at risk (2)$14,750
Cash surrender value (3)$6,330$19,736$9,277$7,711$10,445$1,057

Item 1. Financial Statements

FAQ

What is Jackson Financial's variable annuity — cash surrender value?
Jackson Financial (JXN) reported variable annuity — cash surrender value of $6.19B in Q1 2026.
How has Jackson Financial's variable annuity — cash surrender value changed year-over-year?
Jackson Financial's variable annuity — cash surrender value decreased by 11.3% year-over-year, from $6.98B to $6.19B.
What is the long-term trend for Jackson Financial's variable annuity — cash surrender value?
Over 2 years (2023 to 2025), Jackson Financial's variable annuity — cash surrender value has grown at a -14.3% compound annual growth rate (CAGR), from $36.19B to $26.57B.
What does variable annuity — cash surrender value mean?
This metric represents the total amount that policyholders would be entitled to receive if they were to terminate their variable annuity contracts immediately. It serves as a measure of the liquidity demand potential for the annuity segment and the current value of the liability if all contracts were surrendered. A high surrender value relative to account value can indicate potential liquidity pressure during periods of market volatility.

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