Q:

How well-rated are Jackson National Life annuities?

A:

Quick Answer

As of 2014, Jackson National Life is rated A+ for its financial strength, and the company holds the leading share of the variable annuities market, according to MarketWatch. The company has an issuer credit rating of Aa- and debt ratings of Aa- and A.

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Full Answer

One factor impacting Jackson National Life's strength is its position as the U.S. operating branch of its parent company, U.K.-based Prudential plc, reports MarketWatch. Jackson National Life offers Prudential geographic diversity, and it produces sales and earnings sufficient for growth to deliver dividends to the parent company. Of Jackson National Life's total reserves, 65 percent are annuities, which have a slightly negative impact on the firm's overall positive rating.

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