Jackson Financial Inc. reports developments in its retirement-services and annuity business, including financial results, retail annuity sales, product mix, capital generation, holding-company cash and common and preferred stock dividends. Its product suite includes variable annuities, registered index-linked annuities, fixed index annuities, fixed annuities and payout annuities, with business reported across Retail Annuities, Institutional Products, and closed life and annuity blocks.
Recurring company updates also cover Jackson National Life Insurance Company, the PPM America asset management subsidiary, investment-management capabilities, the completed TPG strategic partnership, and retirement research on policy, longevity, inflation, healthcare and market risks.
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Jackson Financial Inc. (NYSE: JXN) has appointed Christopher A. Raub as Chief Risk Officer, effective immediately. Raub will oversee enterprise risk management, including financial and operational risks, and will report to CEO Laura Prieskorn. He succeeds Bradley O. Harris, who is leaving the company. Raub brings over 23 years of experience with Jackson, previously serving as senior managing director at PPM America. His extensive background in insurance and risk management is expected to bolster Jackson's strategic initiatives. CEO Prieskorn praised Raub’s industry knowledge and leadership capabilities, highlighting his deep understanding of the company’s investment strategy and risk management. Jackson is focused on simplifying retirement planning and is committed to driving positive outcomes for its stakeholders.