Financial Information
During 2009, in the midst of an economic recession, Jackson enjoyed growth in many key areas. Sales of variable annuities increased from US$6.5 billion in 2008 to US$10.0 billion in 2009. Fixed index annuity sales increased from US$928 million in 2008 to US$2.2 billion in 2009. Annuity net flows (total premium minus surrenders, exchanges, and annuitizations) totaled US$7.9 billion in 2009, an 82% increase over 2008.
Sales of life insurance products went down, totaling US$53 million in 2009, down slightly from US$58 million in 2008. Sales of traditional individual deferred fixed annuities also went down in 2009, to US$1.6 billion from a 2008 total of nearly US$3.2 billion.
In 2009, Jackson ranked fourth overall in total annuity, variable annuity, and fixed annuity sales. Jackson's market share for total annuity sales increased from 4.0% in 2008 to 5.9% in 2009. Market share for variable annuity sales increased from 4.3% in 2008 to 8.1% in 2009. Fixed index annuity market share also increased, from 3.5% in 2008 to 7.5% in 2009.
Curian Capital, Jackson's separately managed accounts subsidiary, saw growth during 2009. Deposits increased slightly to US$1.2 billion in 2009, up from US$1.1 billion in 2008; and total assets under management increased to US$3.6 billion in 2009 from US$2.6 billion in 2008.
Jackson's financial strength ratings among the major rating agencies have remained unchanged for more than seven years, even through the troubled markets of 2009. As of February 2010, Jackson's ratings were as follows:
| A.M. Best | A+ (superior) |
| Standard & Poor's | AA (very strong) |
| Fitch Ratings | AA (very strong) |
| Moody's Investors Service | A1 (good) |
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