Jackson Financial Inc

TimesSquare Capital Management's U.S. Mid Cap Growth Strategy fell 7.72% net in the first quarter of 2026, underperforming the Russell Midcap Growth Index's decline of 6.35%. The strategy highlighted that alternative asset manager TPG Inc. retreated 36% during the quarter, driven by a sharp sector-wide rotation out of alternative asset managers due to investor fears over software exposure and AI disruption. TPG announced a long-term strategic partnership with Jackson Financial, which significantly bolsters its insurance-linked fee income and credit scale, though management indicated fundraising may slow and monetization could be delayed. TimesSquare Capital has scaled back its position in TPG.

The first-quarter life insurance earnings season saw mixed results, with the 12 tracked stocks collectively beating revenue estimates by 3.1% while share prices rose 7.3% on average. Aflac reported revenues of $4.24 billion, down 1.8% year on year and missing analyst expectations by 1.7%, though it beat book value per share estimates. Primerica was the best performer with revenues of $872.3 million, up 8.6% year on year and beating estimates by 1.9%, while Brighthouse Financial was the weakest, posting revenues of $2.10 billion, down 2.7% and missing estimates by 4.8%. Jackson Financial delivered the largest revenue beat at 49.8% but saw the slowest revenue growth, and Equitable Holdings had the weakest performance against analyst estimates with a 7.3% revenue miss.

Jackson National Life Insurance Company has been named the 2026 Annuities Provider of the Year by InvestmentNews. The award recognizes leadership in product innovation, education, service excellence, and operational effectiveness. Jackson enhanced its product lineup in 2025 with the launch of its third-generation RILA suite, Jackson Market Link Pro III, and the Jackson Income Assurance Suite, a fixed index annuity with an embedded guaranteed minimum withdrawal benefit. The company also launched a new website with expanded digital capabilities and was awarded highest customer service in the financial industry for the 14th consecutive year by Service Quality Measurement Group.