JXN

Oracle Energy and Water Awards Recognize Utilities Leading in Industry Transformation and Innovation

Retrieved on: 
Wednesday, May 1, 2024
Cloud, Digital technology, BGE, Oracle Cloud, Electricity, Water, Oracle, Human, History, EV, Public utility, Portland General Electric, OCI, Baltimore Gas and Electric, Metre, PGE, LMI, JXN

AUSTIN, Texas, May 1, 2024 /PRNewswire/ -- Utilities are turning to modern digital technology as they face growing pressure to maintain grid reliability, improve customer service, and balance decarbonization goals. The annual Oracle Energy and Water Awards recognize some of the most progressive utilities in the world tackling these and other challenges. The 2024 winners include Exelon, JXN Water, and Portland General Electric. 

Key Points: 
  • The annual Oracle Energy and Water Awards recognize some of the most progressive utilities in the world tackling these and other challenges.
  • "As the water and energy landscapes and customer needs rapidly evolve, it is paramount for utilities to implement solutions that effectively help them meet their ambitious goals," said Creighton Oyler, senior vice president and general manager, Oracle Energy and Water.
  • In tandem, Oracle Utilities solutions now provide an online customer portal and Oracle Customer Experience (CX) for Utilities manages call center service requests.
  • The Oracle Energy and Water Awards were presented in late March during the Oracle Energy and Water Customer Edge conference in Austin, Texas.

Jackson Adds Protected Lifetime Income Benefit to RILA Suite

Retrieved on: 
Monday, April 29, 2024
Personal Finance, Finance, Consulting, Professional Services, Insurance, Ecosystem, Risk, Literature, Retirement, Jackson National Life, Marketing, JXN, Life insurance

Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched +Income, an add-on benefit available for an additional charge, offering guaranteed2 lifetime income3 through Jackson’s Market Link Pro® suite of registered index-linked annuities (RILAs).

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today launched +Income, an add-on benefit available for an additional charge, offering guaranteed2 lifetime income3 through Jackson’s Market Link Pro® suite of registered index-linked annuities (RILAs).
  • +Income enables clients to create an immediate income stream or defer withdrawals, providing the opportunity to grow income over time.
  • To coincide with the launch of +Income, the tool now includes a new option to illustrate how lifetime income can impact client portfolios.
  • "Jackson has a strong track record of serving as a trusted provider of guaranteed lifetime income strategies for financial professionals and their clients,” continued Sward.

Jackson to Report First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 4, 2024
Asset Management, Professional Services, Insurance, Finance, Webcast, JXN

Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) will announce financial results for the first quarter ended March 31, 2024, after market close Wednesday, May 8, 2024.

Key Points: 
  • Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) will announce financial results for the first quarter ended March 31, 2024, after market close Wednesday, May 8, 2024.
  • Jackson’s press release and supplemental financial materials will be available at investors.jackson.com .
  • Jackson will host a conference call and webcast Thursday, May 9, 2024, at 10 a.m.
  • ET to review the results.

Jackson’s Joe Caruso Receives Insured Retirement Institute’s Inaugural Rising Star Award

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Thought Leadership, Legal, Insurance, Finance, Consulting, Organization, Conference, Comment, Assistant, Jackson National Life, Retirement, Risk, Conduct, Public policy, Policy, Rising Star Award, Pension, IRI, JXN, Ministry of Labour

Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced that Joe Caruso, J.D., LL.M, Assistant Vice President, Government Relations and Public Policy, received the Insured Retirement Institute’s (IRI’s) 2024 Rising Star Award.
  • “We are pleased to present this award to Joe in recognition of his leadership and work to advance IRI’s mission and vision,” said Wayne Chopus, President and CEO, Insured Retirement Institute.
  • He is also a participant in several other committees including State Affairs, Standard of Conduct and Retirement Plans and Tax.
  • IRI's rising star award recognizes an emerging leader who shows exemplary service to their profession, colleagues and the insured retirement industry.

Jackson Recognized for Highest Customer Service in Financial Industry for 12th Consecutive Year

Retrieved on: 
Thursday, March 14, 2024
Banking, Professional Services, Insurance, Finance, Benchmarking, Call centre, Jackson National Life, Service quality, Certification, Customer service, JXN

Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM) .

Key Points: 
  • Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), was recently recognized with the “Highest Customer Service — Financial Industry” award for achieving the highest first-call resolution rating in the market in 2023 from Service Quality Measurement Group, Inc. (SQM) .
  • “We are grateful to be recognized once again with these awards from SQM,” said Dev Ganguly, Executive Vice President and Chief Operating Officer at Jackson.
  • “At Jackson, we prioritize customer experience, and work collaboratively to leverage technology and associate training that foster a customer-centric environment in our contact center.
  • “We wish to congratulate Jackson for their remarkable achievement in winning the SQM award for Highest Customer Service — Financial Industry and for their ability to consistently deliver world-class service to their customers,” said Nader Ghattas, Chief CX Officer, SQM Group.

Jackson Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Consulting, Accounting, Professional Services, Finance, Total, Jackson National Life, AUM, RBC, Accumulated other comprehensive income, Comprehensive income, JXN, AOCI, Mortality, Movement, Partnership, Insurance

Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(1.6) billion, or $(19.64) per diluted share in the fourth quarter of 2023, compared to $(1.2) billion, or $(13.74) per diluted share in the fourth quarter of 2022
    Adjusted operating earnings1 of $204 million, or $2.53 per diluted share in the fourth quarter of 2023, compared to $294 million, or $3.39 per diluted share in the fourth quarter of 2022.
  • The lower current quarter net income also reflects an $841 million loss from business reinsured to third parties, while the prior year’s fourth quarter included a loss of $157 million.
  • The results of this reinsured business do not impact our statutory capital or free cash flow and can be volatile quarter to quarter.

Jackson Announces Future Retirement of Chief Financial Officer

Retrieved on: 
Wednesday, February 21, 2024
Banking, Professional Services, Insurance, Finance, Certified Public Accountant, Senior, University, Morehead State University, American International Group, Business administration, JXN, Controller, Management

Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) announced today that after more than 32 years of dedicated and outstanding service, Executive Vice President and Chief Financial Officer Marcia Wadsten intends to retire from Jackson on June 3, 2024.

Key Points: 
  • Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) announced today that after more than 32 years of dedicated and outstanding service, Executive Vice President and Chief Financial Officer Marcia Wadsten intends to retire from Jackson on June 3, 2024.
  • It is expected that Don Cummings, the Company’s current Senior Vice President, Chief Accounting Officer and Controller will be appointed Chief Financial Officer as of June 3, 2024.
  • Her positive contributions to Jackson are innumerable and her steadfast commitment to being a steward of the company's capital will be felt for years to come,” stated Laura Prieskorn, President and Chief Executive Officer of Jackson.
  • Prior to joining Jackson in 2020, Cummings served as interim Chief Financial Officer at Fortitude Reinsurance Company Ltd. since 2019 and previously held various finance roles at American International Group, Inc., including Global Corporate Controller.

Jackson Announces 13% Increase to First Quarter 2024 Common Stock Dividend

Retrieved on: 
Wednesday, February 21, 2024
Personal Finance, Finance, Banking, Professional Services, Insurance, JXN, Holding company

Jackson Financial Inc. i (Jackson®) announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the first quarter of 2024, reflecting a nearly 13% increase over the prior year dividend level.

Key Points: 
  • Jackson Financial Inc. i (Jackson®) announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the first quarter of 2024, reflecting a nearly 13% increase over the prior year dividend level.
  • The dividend on the common stock will be payable on March 21, 2024, to shareholders of record at the close of business on March 12, 2024.
  • The Company also announced the declaration of a cash dividend of $0.50 per depositary share (NYSE: JXN PR A), each representing a 1/1,000th interest in a share of Fixed-Rate Reset Noncumulative Perpetual Preferred Stock, Series A.
  • The dividend will be payable on April 1, 2024, to shareholders of record at the close of business on March 12, 2024.

JaxPool by Jax.Network has successfully merge-mined 230 Bitcoin blocks

Retrieved on: 
Friday, January 5, 2024
BTC, JXN, Calendar, Jax, Miner, Comment, Cryptocurrency

DUBAI, United Arab Emirates, Jan. 05, 2024 (GLOBE NEWSWIRE) -- JaxPool , a Bitcoin mining subpool under a top-5 pool, has been up and running for over a year and has managed to merge-mine 230 Bitcoin blocks.

Key Points: 
  • DUBAI, United Arab Emirates, Jan. 05, 2024 (GLOBE NEWSWIRE) -- JaxPool , a Bitcoin mining subpool under a top-5 pool, has been up and running for over a year and has managed to merge-mine 230 Bitcoin blocks.
  • On top of that, JaxPool is the first pool to offer 0% fees and a 1% bonus on Bitcoin mining.
  • Since its inception in August 2022, JaxPool has merge-mined 230 Bitcoin blocks and 13 BCH blocks with an average hashrate of approximately 1 EH/s.
  • “The successful merge-mining of 230 Bitcoin blocks is a testament to the dedication of our team and the trust our miners place in JaxPool.

Jackson to Report Fourth Quarter and Full-Year 2023 Financial Results and Provide 2024 Outlook

Retrieved on: 
Thursday, January 4, 2024
Professional Services, Insurance, Finance, Fintech, Banking, Accounting, JXN, Webcast

Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) will announce financial results for the fourth quarter and full year ended December 31, 2023, after market close Wednesday, February 21, 2024.

Key Points: 
  • Jackson Financial Inc. 1 (NYSE: JXN) (Jackson®) will announce financial results for the fourth quarter and full year ended December 31, 2023, after market close Wednesday, February 21, 2024.
  • Jackson’s press release and supplemental financial materials will be available at investors.jackson.com .
  • Jackson will host a conference call and webcast Thursday, February 22, 2024, at 10 a.m.
  • ET to review the results and discuss the company’s 2024 outlook.