Jackson National

Jackson National's rise is closely tied to the modern U.S. annuity market. Public company and reference materials describe the company as founded in 1961 and headquartered in Lansing, Michigan, building a reputation for annuities and retirement-oriented savings products distributed largely through independent brokers and financial professionals. [2]

For much of its later history, Jackson operated within an international insurance group. In September 2021, Jackson Financial Inc. announced that it completed its separation from Prudential plc through a demerger, becoming an independent company with its shares expected to begin regular-way trading on the NYSE under the ticker "JXN." [1] That corporate shift reflected a broader trend: large financial groups simplifying structures to focus capital where returns and regulatory requirements align.

Jackson's opportunity has been to design annuity solutions for retirees and pre-retirees who want accumulation potential but also income planning tools. At the same time, annuities expose insurers to market volatility and long-duration guarantee risk, so the business model depends on disciplined hedging, prudent capital management, and distribution relationships that can withstand cycles-from the 2008 crisis to the rapid rate changes of the 2020s. The 2021 separation positioned Jackson to chart strategy as a standalone retirement company while still leveraging the scale built during its decades as part of Prudential plc. [1]

Sources: [1] https://investors.jackson.com/news/news-details/2021/Jackson-Financial-Completes-Separation-From-Prudential/default.aspx [2] https://en.wikipedia.org/wiki/Jackson_National_Life