Lansing's
Jackson National Life
Insurance Co. reports that its first quarter sales and deposits were up 62 percent.
According to excerpts from the article:
The insurer reported today it had sales and deposits of $4.4 billion for the quarter that ended in March. JNL attributed the gain mainly to a 108 per cent jump in variable annuity sales, to $3.1 billion.
JNL, headquartered at Interstate 96 and Okemos Road in Alaiedon Township, is owned by the United Kingdom's
Prudential PLC. As with many European firms, Prudential reports earnings every six months, though JNL releases quarterly sales results.
Read the entire article here.
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