Jackson National Life Insurance Company Update: De-Merger from Prudential Plc About to Occur
In August 2021, Prudential Plc (PRUplc), parent company of Jackson Financial Inc. (JXN) and primary life insurance company subsidiaries Jackson National Life Insurance Company (JNLIC) and Jackson National Life Insurance Company of New York (JNLNY), announced its plan and timing for its planned “de-merger” of JXN.