Jackson Financial touts strong RILA sales, investment income in Q3
November 14, 2023 by John Hilton
A product pivot to registered indexed-linked annuities delivered momentum for Jackson Financial during the third quarter.
RILA product sales totaled $807 million in the quarter, up from $562 million in the year-ago quarter. Strong investment income helped Jackson’s retail annuities segment to pretax adjusted operating earnings of $354 million in Q3, compared to $330 million in the third quarter of 2022.