Jackson Financial reports strong Q2 earnings, despite hedging hits

August 14, 2024 by Doug Bailey

Main Takeaway: Jackson Financial delivered strong second-quarter 2024 earnings driven by robust asset growth and capital generation, despite a significant drop in net income due to unfavorable hedging results. The benefits of a favorable equity market and strong annuity sales contributed to growth compared to the second quarter of 2023 and the first quarter of this year.

Jackson continues to see successful retail annuity sales across all product lines. 

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Originally Posted at InsuranceNewsNet on August 9, 2024 by Doug Bailey.