Jackson Financial (JXN) 2025 Retail Annuity Sales Reach Record $19.7B

Group 1: Company Performance - Jackson Financial reported record retail annuity sales of $19.7 billion for the full year 2025, a 10% increase year-over-year, driven by strong performance in registered index-linked annuities (RILA) and a 77% surge in institutional sales [1][2] - The company achieved adjusted operating earnings of $1.6 billion ($22.67 per diluted share) for 2025, up from $1.4 billion in 2024, indicating robust underlying business performance despite a net loss of $17 million due to non-operating items [2][3] - In Q4 2025, retail annuity sales reached $5.9 billion, reflecting a 27% year-over-year increase, supported by the growth of PPM America’s assets under management, which rose 26% to $93.7 billion [1][2] Group 2: Capital Returns and Dividends - Jackson Financial returned $862 million to common shareholders in 2025 through $634 million in share repurchases and $228 million in dividends, exceeding its capital return targets [3] - The company increased its Q1 2026 dividend by 12.5% to $0.90 per share and set a higher capital return target of $900 million to $1.1 billion for 2026 [3] Group 3: Business Segments - Jackson Financial operates through three segments: Retail Annuities, Institutional Products, and Closed Life & Annuity Blocks, providing a suite of annuities to retail investors in the US [4]