Jackson Financial Inc (JXN) Q3 2024 Earnings Call Transcript Summary
Jackson Financial Inc (JXN) Q3 2024 Earnings Call Transcript Summary
Q3 adjusted operating earnings increased, with rises in fee and investment spread income.The following is a summary of the Jackson Financial Inc (JXN) Q3 2024 Earnings Call Transcript:
以下是Jackson Financial Inc (JXN) Q3 2024 業績會交易摘要:
Financial Performance:
財務表現:
Jackson Financial reported a net income loss for Q3 but remained positive over nine months.
Q3 adjusted operating earnings increased, with rises in fee and investment spread income.
Jackson Financial報告了Q3的淨利潤虧損，但在九個月內保持了正面。
Q3調整後的營運收入增加，手續費和投資收入均有所增加。
Business Progress:
業務進展:
Launched new products such as Principal Guard and expanded distribution networks.
Achieved strong sales in RILA segment and fixed annuity sales reached $1 billion in Q3.
推出了諸如Principal Guard之類的新產品，並擴大了分銷網絡。
在RILA部門取得了強勁的銷售業績，固定年金銷售額在Q3達到了$10億。
Opportunity:
機會：
RILA products' sales grow, benefiting from expanded distribution and new offerings.
Introduced innovative products like Principal Guard to meet diverse consumer needs.
RILA產品的銷售增長，得益於擴大分銷和推出新產品。
推出了像Principal Guard這樣的創新產品，以滿足不同消費者的需求。
Risk:
風險：
Reported nonoperating losses due to losses on a legacy reinsurance treaty.
Hedge results displayed losses impacted by market conditions.
由於一項傳統再保險協議造成的非經營性損失導致報告了虧損。
對沖結果顯示受市場條件影響而出現虧損。
Financial Performance:
財務表現:
Jackson Financial Inc reported a net income loss for Q3, but net income positive over the nine months.
Adjusted operating earnings for Q3 increased compared to the same period last year, with a rise in fee income and investment spread income.
Total retail annuity sales exceeded $5 billion, a significant increase from the previous year.
Assets under management grew by 9% in the first 9 months to more than $250 billion.
Holding company cash approached $650 million, with a substantial $300 million distribution from Jackson National Life.
Jackson Financial Inc報告了第三季度的淨利潤虧損，但在九個月的時間裏淨利潤爲正。
Q3調整後的營業收入與去年同期相比增加，隨着費用收入和投資利差收入的增加。
零售年金銷售總額超過50億美元，較上一年顯著增加。
管理資產在前9個月增長了9%，達到2500億美元以上。
控股公司現金接近65000萬美元，與Jackson National Life的30000萬美元分配相比，規模可觀。
Business Progress:
業務進展:
Introduced new products such as the Principal Guard guaranteed minimum accumulation benefit and expanded the distribution network.
Continued growth in the RILA product segment, including the launch of new offerings and expansion into new geographies.
Achieved record sales in the RILA segment, contributing to a diversified and strong sales quarter.
Leveraged broad retail annuity distribution platform to drive growth in fixed annuity sales, reaching $1 billion sales for the third quarter.
推出了新產品，如Principal Guard保證最低積累收益，擴大了分銷網絡。
RILA產品領域持續增長，包括推出新產品和進入新地理區域。
在RILA領域實現了創收紀錄，有助於實現多元化和強勁的銷售季度。
利用廣泛的零售年金分銷平台推動固定年金銷售增長，第三季度達到10億美元。
Opportunities:
機會：
RILA products continue to be a growing segment, benefiting from recent launches and expanded distribution.
New and innovative product offerings like Principal Guard have been introduced to meet diverse consumer needs.
Enhanced distribution network through partnerships, allowing access to additional financial professionals and potentially increasing market share.
RILA產品持續增長，受益於最近推出和擴大分銷。
像Principal Guard這樣的新穎產品推出，以滿足不同消費者需求。
通過合作伙伴關係增強分銷網絡，可以訪問更多金融專業人士，潛在地增加市場份額。
Risks:
風險：
Nonoperating losses were reported, primarily due to losses on a legacy funds withheld reinsurance treaty.
Hedge results showed a loss due to the impact of market conditions and the non-application of the volatility assumption.
The surging retail annuities segment may face challenges if market conditions turn unfavorable, impacting the newly introduced products' acceptance.
報告了非經營性損失，主要是由於舊資金扣留再保險協議損失。
對沖結果顯示虧損，因市場條件影響和波動性假設未應用。
激增的零售年金領域可能面臨挑戰，如果市場條件不利，可能影響新推出產品的接受度。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
