Jackson(US:JXN)2025-05-07 22:47Financial Performance - Jackson Financial Inc reported a GAAP net loss attributable to common shareholders of $35 million, or $048 per share[8, 9, 10, 11] - Adjusted Operating Earnings were $376 million, or $510 per common share[12, 13] - Free cash flow was $213 million[13] - The company returned $231 million of capital to common shareholders through dividends and share repurchases[13, 17] Capital and Liquidity - Jackson National Life Insurance Company (JNLIC) estimated risk-based capital (RBC) ratio was 585% as of the end of 1Q25[13, 17, 53] - Holding company cash and highly liquid securities exceeded $600 million as of the end of 1Q25[17, 53] - JNLIC generated $441 million of statutory capital in 1Q25[45, 53] Sales and Diversification - Retail annuity sales increased by 9% compared to the prior year's first quarter[14, 32] - Retail sales reached $4 billion in 1Q25[30] - Fixed and fixed index annuity sales were up 74% from 1Q24[32] Investment Portfolio - The company's U S GAAP investment portfolio totaled $48 billion[60] - The statutory investment portfolio totaled $47 billion[65] - Exposure to below investment grade securities is 7% of the total U S GAAP investment portfolio and 1% of the statutory investment portfolio[63, 68]