Friday, March 20, 2009
Jackson Reports 2008 IFRS Revenue of $4.5 Billion; Strong Core Operating Earnings Offset by Investment Writedowns
Jackson National Life Insurance Company (Jackson) generated $4.5 billion of International Financial Reporting Standards (IFRS) revenue in 2008 and achieved the second-best sales performance in the company's history. Jackson's IFRS pretax operating income was $761 million; however, net earnings were negatively impacted by $1.0 billion in net realized losses on investments, which were the primary driver of an IFRS net loss of $1.0 billion in 2008...
MarketWatch: Jackson Reports 2008 IFRS Revenue of $4.5 Billion; Strong Core Operating Earnings Offset by Investment Writedowns
MarketWatch: Jackson Reports 2008 IFRS Revenue of $4.5 Billion; Strong Core Operating Earnings Offset by Investment Writedowns
Permalink posted by markw @ 4:42 AM 
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