Company Overview $Jackson Financial(JXN.US)$, Inc operates as an investment holding company. The firm operates through the following segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and immediate payout annuities, as well as registered index-linked annuities and lifetime inc...
The lower-than-expected Q4 earnings and the impact of the annual actuarial assumptions update and lower returns on private equity have negatively affected Jackson Financial's stock.