Jackson's profit jumped, annuity sales set a record, and it raised its share-buyback limit by $1 billion. It also returned $291 million to shareholders and reported nearly $1.4 billion in holding-company liquidity and a 524% capital ratio.
More annuity sales can support Jackson's business. The expanded share-buyback limit lets Jackson return more cash if it chooses. Its reported liquidity and insurer capital also add support.
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