Jackson National Life in Lansing continues to grow, reporting $11.2 billion in total sales and deposits for the first three quarters of 2008.
The total reflects a two percent increase in total sales and deposits over the first three quarters of 2007.
“Our diversified product portfolio, excess capital position and the way in which we actively manage our investments make Jackson resilient to changes in the business cycle and macroeconomic challenges,” says Clark Manning, Jackson’s president and chief executive officer.
"Jackson has been, and will continue to be, managed for the long-term benefit of our customers and shareholders."
Traditional fixed annuities grew by 165, institutional products grew by 41 percent and variable annuities were down 26 percent.
Source: Jackson National
Ivy Hughes, development news editor, can be reached here.
All Photographs © Dave Trumpie
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