02.19.26
Jackson Financial Ramps Up Reinsurance Strategy To Grow Annuity Sales
by: John Hilton
Jackson Financial is accelerating annuity growth through reinsurance and strategic investment. TPG acquired a 6.5% stake for $500 million and will manage at least $12 billion of Jackson’s assets. Jackson launched Hickory Re, its second reinsurer, to cover fixed and fixed indexed annuities, complementing Brooke Re for variable annuity guarantees. The company’s shift from traditional variable annuities continues, with fixed and fixed indexed annuity sales up 105% in Q4 2025 and registered index linked annuity account values rising 74% from 2024 to $20 billion.
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