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Jackson Financial JXN Deferred Policy Acquisition Costs, Amortization Expense
Discontinued — last reported Q2 '23
Deferred Policy Acquisition Costs, Amortization Expense at other companies
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Where this comes from
Reported directly by Jackson Financial in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
The source filing: Jackson Financial’s 10-Q, filed August 8, 2023.
- Filed
- Aug 8, 2023
- Fiscal quarter
- Q2 FY2023
- Calendar quarter
- Q2 2023
- Accession
- 0001822993-23-000035
| Line item | As revised / Three Months Ended / June 30, 2022 | Effect of / Changes | As Adjusted / Three Months Ended / June 30, 2022 |
|---|---|---|---|
| (Gain) loss from updating future policy benefits cash flow assumptions, net | — | 14 | 14 |
| Market risk benefits (gains) losses, net | — | 1,184 | 1,184 |
| Interest credited on other contract holder funds, net of deferrals and amortization | 208 | 1 | 209 |
| Amortization of deferred acquisition costs | 1,197 | (890) | 307 |
| Total benefits and expenses | 2,895 | (340) | 2,555 |
| Pretax income (loss) | 3,651 | 488 | 4,139 |
| Income tax expense (benefit) | 717 | 128 | 845 |
| Net income (loss) | 2,934 | 360 | 3,294 |
Item 1. Financial Statements
FAQ
- What is Jackson Financial's deferred policy acquisition costs, amortization expense?
- Jackson Financial (JXN) reported deferred policy acquisition costs, amortization expense of $307M in Q2 2023.
- How has Jackson Financial's deferred policy acquisition costs, amortization expense changed year-over-year?
- Jackson Financial's deferred policy acquisition costs, amortization expense increased by 181.7% year-over-year, from $109M to $307M.
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