45.91 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||45.89 x 800|
|Ask||45.90 x 900|
|Day's Range||45.66 - 45.95|
|52 Week Range||33.32 - 52.79|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||19.96|
|Forward Dividend & Yield||1.30 (3.24%)|
|1y Target Est||52.60|
Jackson National Life Insurance Company® (Jackson®) today announced that Aimee DeCamillo, who has been serving as head of Retirement Plan Services at T. Rowe Price, has been named chief commercial officer and president of Jackson National Life Distributors LLC (JNLD), the marketing and distribution arm of Jackson. An industry veteran, DeCamillo has held her current role at T. Rowe Price since 2014, where she has led the growth of the company’s full-service defined contribution recordkeeping business, representing $171B of assets under administration (AUA) as of December 31, 2018.
Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China's private pensions sector, people with knowledge of the matter said, as Beijing opens up to overseas companies. Hong Kong-based AIA Group and Manulife Financial are also considering similar moves, they said. Beijing gave approval to the first foreign joint-venture firm to establish a pensions insurance business last month and two of the people said China has been running pilot projects in three provinces involving foreign firms.
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Jackson National Life Insurance Company® (Jackson®) was recognized with five awards from the Service Quality Measurement Group, Inc. (SQM)1 for excellence in contact center service in 2018. Jackson was again named a Contact Center of the Year Finalist for earning high ratings for customer and employee experience among a field of more than 500 leading international contact centers. For the first time, Jackson also received the Work From Home Employee Satisfaction award, based on having the highest “overall very satisfied” rating from employees who work from home.
European shares pared early gains to finish lower on Thursday as optimism around some progress in U.S.-China trade talks were outweighed by losses in banks amid a gloomy outlook for global economic growth and uncertainties around Brexit. The pan-region STOXX 600 index slipped 0.1 percent, with Frankfurt's trade-sensitive index DAX giving up most gains to close 0.08 percent lower, while Madrid and Milan slipped more than half a percent each.
The market has been volatile in the fourth quarter as the Federal Reserve continued its rate hikes to normalize the interest rates. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by nearly 7 percentage points. SEC filings and hedge […]
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Britain's biggest insurer, Prudential, has transferred 36 billion pounds in customer assets to its new Luxembourg subsidiary ahead of Brexit, it said on Wednesday, as the company reported a six percent rise in operating profit. Insurers and banks have been shifting hundreds of billions of pounds in assets to European Union subsidiaries regardless of the form Brexit takes, reversing decades of European financial market integration and chipping away at the City of London’s dominance. British Prime Minister Theresa May suffered a second, heavy parliamentary defeat on the withdrawal deal she struck with the EU on Tuesday, leaving open the possibility of an abrupt, economically damaging Brexit without a transition arrangement.
A loss in Prudential's individual life insurance business and lower operating income in its asset management unit were among the factors that drove the company's fourth-quarter performance. The No. 1 U.S. life insurer by assets reported adjusted operating income, which excludes realized gains and losses from investments, of $1 billion (£772 million), or $2.44 per share, compared with $1.2 billion, or $2.69 per share, in the year-ago quarter. Adjusted operating income for PGIM, Prudential's asset management arm, fell 20.6 percent to $243 million from $306 million a year earlier, the company said.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Jackson National Life Insurance Company® (Jackson®) today announced the launch of Elite Access (EA) Advisory II, a fee-based investment only variable annuity (IOVA) with no mortality, expense and administration (M&E&A) charge. EA Advisory II is designed to enhance traditional investing with expertly-constructed portfolios, diverse investment options and tax advantages. Greg Cicotte, president and chief executive officer of Jackson National Life Distributors LLC (JNLD), the sales and marketing arm of Jackson, said expanding the company’s distribution efforts, along with honoring its commitment to investment freedom, remain key priorities in 2019.
China's Union Life Insurance is planning to sell a controlling stake, and the deal could attract locals and foreigners looking to tap into the country's growing demand for insurance products, three people familiar with the matter said. Union Life, expected to be valued at $1.5 billion to $2 billion, plans to sell as much as 51 percent, with an option to raise that to 100 percent later, said the people, who declined to be named as the deal process is not public yet. AIA, the world's second-largest life insurer by market value, and the Asian unit of Prudential are among the foreign players likely to submit initial bids due over the next few weeks, the people added.
We are in desperate need to pay off the credit card for last month. The deadline to pay £5,000 has come and gone. We also have a cruise booked and paid for, which we are going on for five weeks.
Insurance giant Prudential will pay £662 million to renew a tie-up with Singaporean lender United Overseas Bank until 2034. The deal, originally signed in 2010, will give the Pru access to more than four million United customers based in Singapore, Malaysia, Thailand, Indonesia and a new territory in Vietnam. Prudential’s life insurance products will be distributed through United’s 400-strong branch network.