Thursday, August 13, 2009

 

Jackson Reports Record Retail Sales; Rise in Net Income

Jackson National Life Insurance Company (Jackson) generated retail sales and deposits of $3.4 billion during the second quarter of 2009, recording the highest retail sales quarter in the company's history. First half retail sales and deposits of $6.1 billion were up 3 percent over the same period in 2008. Jackson reported first half IFRS unaudited net income of $279 million, up from $106 million during the first half of 2008, due primarily to the positive impact of movements in non-operating derivative holdings.

Jackson(R) Reports Record Retail Sales; Rise in Net Income
Source: Trading Markets

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