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Stock impact report

Jackson Reports First Half 2019 Financial Results¹

Prudential Public Limited Company (PUK) 
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Business Wire
Company generates record pre-tax operating income of $1.6 billion;remits $525 million dividend to parent company LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company® (Jackson®) today announced its half-year financial results, generating a record $1.6 billion in IFRS pre-tax operating income2 during the first half of 2019, an increase of 13.6 percent over the first half of 2018. Jackson, an indirect wholly owned subsidiary of the United Kingdom’s Prudential plc (NYSE: PUK), also reported $10.8 billion in sales and deposits and remitted a $525 million dividend to its parent company.Michael Falcon, chief executive officer of Jackson Holdings LLC, said Jackson’s capital position and financial health remain strong, and the company continues to build on its positive momentum.“Consumers want and need protection — both of income and principal — as part of their retirement plans, and that’s exactly what our solutions are designed to provide,” Falcon said. “Jackson is co Show less Read more
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