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A family-owned company that has evolved into a diversified retirement services provider, Jackson National Life Insurance Company® ("Jackson®") has a rich history. Named after Andrew Jackson, the seventh president of the United States, Jackson first opened for business in 1961.
The company has a long and successful track record of providing advisers with the products, tools and support they need to design effective retirement solutions for their clients. Since 1995, Jackson has broadened its product lineup to include variable, fixed and fixed index annuities, and institutional products such as guaranteed investment contracts, funding agreements and medium-term notes. Through subsidiaries and affiliates, the company also provides asset management and retail brokerage services.
|1961||Company is founded and sells first policy|
|1975||Jackson introduces its flexible premium annuity|
|1982||Annuity sales triple from $50 million to $162 million|
|1987||Jackson surpasses $1 billion in sales|
|1989||Sales exceed $2 billion|
|1996||Jackson begins marketing variable annuity and fixed index annuity products|
|1998||National Planning Holdings®, Inc. (NPH) is formed|
|1998||Jackson National Life Insurance Company of New York® opens, expanding Jackson's sales and distribution to all 50 states|
|2000||NPH acquires INVEST Financial Corporation® and Investment Centers of America, Inc.SM|
|2002||Jackson surpasses $50 billion in assets (GAAP)|
|2003||Jackson launches Curian Capital®, LLC, a separately managed accounts provider|
|2005||Jackson acquires Life Insurance Company of Georgia, doubling its policy count to 3 million|
|2010||IFRS assets exceed $100 billion*
|2011||Jackson achieves record sales and deposits of $22.9 billion** and record IFRS net income of $683 million|
|2012||Jackson acquires Reassure America Life Insurance Company, increasing its policy count to more than 4 million
**Sales and deposits from Jackson's subsidiaries Jackson National Life Insurance Company of New York and Curian Capital have been included in Jackson's total sales and deposits figure.