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Jackson National Life Insurance Company (often referred to as simply Jackson) is a U.S. company that provides annuities for retail investors and fixed income products for institutional investors. Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services.
Permanent life insurance policies, such as whole life or universal life, are designed to provide lifelong coverage, with maximum coverage ages ranging from 95 to 121, and typically include a cash ...
Wells joined the Prudential Group in 1995 as president of Jackson National Life Distributors, part of the Group's US arm, Jackson National Life. He spent 20 years in a variety of senior positions at Jackson. He was appointed as Jackson's CEO in January 2011, at which time he also joined the board of Prudential, Jackson's UK-based parent company.
The firm was plaintiff in 1994 court case PPM America, Inc. v. Marriott Corp., 4th Circuit. [6] This was due to events beginning in 1992 by Marriott Corp. to split into two entities, giving all $2.4 billion of its debt to one of them, the less profitable, to be burdened with interest costs at 2/3 its cash flows.
He joined Jackson National Life in 1995, as the senior vice president and the chief actuary during 1995 to 1998, then as chief operating officer during 1998 to 2001. After being acting CEO from June 2001, he was appointed CEO of Jackson National Life in late 2001, saying then that he planned to follow "an aggressive strategy of expanding ...
A similar lawsuit was filed against Jackson National Life in October 2007. [ 19 ] On Feb. 19, 2009, a jury found the Lincoln patent valid and infringed by Transamerica et al. Damages were assessed at the "reasonable royalty rate" and Transamerica et al. were ordered to pay Lincoln $13 million, or 0.11% of the over $12 billion in assets they had ...
Jackson, an American film; Jackson, a film; Jackson "Jackson" (song), written by Jerry Leiber and Billy Edd Wheeler; Classical Electrodynamics, a physics textbook often known by the name of its author: Jackson
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