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Jackson's 2006 Sales Rise 21% to a Record $11 Billion.

LANSING, Mich. -- Jackson National Life Insurance Company([R]) (Jackson(SM)) surpassed $11 billion in total retail and institutional sales in 2006, up nearly 21 percent over 2005, due to record sales of variable annuities (VAs). The company sold more than $7 billion in VAs in 2006, a 48-percent increase over the prior year. Sales of the company's core life insurance and annuity products rose nearly 28 percent in 2006. Combined with more than $845 million in separately managed account deposits from Jackson's subsidiary Curian Capital, Jackson's retail sales in 2006 exceeded $10 billion for the first time.

"Jackson continues to deliver above-market sales growth by levering its product innovation, speed to market, relationship-based distribution model, and award-winning service," said Clark Manning, Jackson's president and chief executive officer.

Jackson, an indirect wholly owned subsidiary of the United Kingdom's Prudential plc (NYSE:PUK), increased its variable annuity market share to 4.5 percent at the end of the third quarter of 2006, up from 3.6 percent at the same point in 2005.1 In the independent broker-dealer channel, Jackson ranked second in VA sales with a market share of 10.6 percent at the end of September 2006, up from fifth with a market share of 8.8 percent at the end of September 2005.1 Based on new sales during the last four years, Jackson has the fastest-growing variable annuity franchise in the US.1

"Jackson's VA sales success is a result of our ability to forge long-term productive partnerships in the advice-based distribution channels," said Clifford Jack, executive vice president and chief distribution officer for Jackson. "Advisers rely on us to provide them with the education and sophisticated tools they need to address emerging retirement planning challenges and uncover new business development opportunities."

Jackson's fixed annuity sales were nearly $1.3 billion in 2006, compared to more than $1.4 billion in 2005. Sales of Jackson's fixed index annuities exceeded $1 billion in 2006, versus more than $1.1 billion in the prior year. Life insurance sales of $46 million in 2006 were slightly higher than sales in 2005. Sales of Jackson's institutional products, a market in which the company participates on an opportunistic basis, totaled more than $1.6 billion, versus $1.8 billion in 2005.

Jackson subsidiary Curian Capital, a registered investment adviser providing fee-based managed accounts and investment products to financial professionals, generated double-digit growth in 2006. Curian recorded more than $845 million in deposits, an increase of 12 percent from the prior year. At the end of 2006, Curian had $2.4 billion in assets under management, up from $1.7 billion at the end of 2005.

"Jackson remains focused on continuing to expand its share of the US annuity and retail asset management markets," Manning said. "With a commitment to continuous improvement and excellence in execution, Jackson is well positioned to take advantage of the changing demographics and resulting opportunities in the US retirement services market."

(1)Source: The Variable Annuity Research & Data Service (VARDS([R])), a unit of Morningstar, Inc. Latest industry data available.

Before investing in variable products, investors should carefully consider the investment objectives, risks, charges and expenses of the variable product and its underlying investment options. The current contract prospectus and underlying fund prospectuses, which are contained in the same document, provide this and other important information. Please contact your representative or the Company to obtain the prospectuses. Please read the prospectuses carefully before investing or sending money.

About Jackson National Life Insurance Company

With more than $70 billion in assets (GAAP unaudited at 6/30/06)(a), Jackson National Life Insurance Company (Jackson) is an industry leader in variable, fixed and fixed index annuities. The company also sells retail mutual funds, life insurance and institutional products. Jackson markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, financial institutions and independent insurance agents. Jackson's subsidiary, Jackson National Life Insurance Company of New York([R]), markets annuity products in the state of New York. Through its affiliates and subsidiaries, Jackson also provides asset management and retail brokerage services. For more information, visit

(a)Jackson also has $63.1 billion in GAAP policy liabilities set aside to pay primarily future policyowner benefits (GAAP unaudited at 6/30/06).

Annuities and life insurance products are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan). Variable products are distributed by Jackson National Life Distributors LLC. May not be available in all states and state variations may apply. These contracts have limitations and restrictions, including possible withdrawal charges, recapture charges and excess interest adjustments. Contact your representative or the Company for more information.

Variable annuities involve investment risks and may lose value. All guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company and do not apply to the principal amount or investment performance of the separate account or its underlying investments. The value of the variable annuity fluctuates with that of the underlying portfolios. Please remember that a Jackson variable annuity is intended to be a long-term, tax-deferred investment vehicle for retirement. An annuity's earnings are taxable as ordinary income when withdrawn and, if taken before age 59 1/2, may be subject to a 10% federal tax penalty.

Fixed index annuities are issued by Jackson National Life Insurance Company, Home Office: Lansing, Michigan and distributed by Jackson National Life Distributors LLC. Not available in all states and state variations may apply. These products are fixed annuities that do not participate in any stock or equity investments. Limitations and restrictions apply, including possible withdrawal charges. During the withdrawal charge period, the annuity's cash value may be less than the principal allocation. For costs and complete details, contact your representative of the Company. Fixed index annuities may not be suitable for everyone. Contact your representative to help determine if a Jackson fixed index annuity is right for your situation.

Jackson National Life Insurance Company is an indirect subsidiary of Prudential plc, a company incorporated and with its principal place of business in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial service groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 150 years and had about $440 billion in assets under management as of June 30, 2006. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

The following cautionary statement is included to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. However, as with any projection or forecast, forward-looking statements are inherently susceptible to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such forward-looking statements. There can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished.
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Publication:Business Wire
Article Type:Financial report
Date:Jan 29, 2007
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