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Shares of Jackson Financial Inc (NYSE: JXN) are sliding Thursday afternoon following the publication of a report by The Bear Cave based on analysis from investment firm QVT Financial.
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Investment firm QVT Financial LP has issued a report questioning the solvency of Jackson Financial's subsidiary, Brooke Life Reinsurance Co., and alleging potential overstatement of adjusted operating earnings.
Jackson Financial Inc. has introduced two new fixed index annuity products, Jackson Fixed Index Accumulation and Jackson Fixed Index Accumulation Advisory, designed to offer growth potential and retirement savings protection.
Barclays analyst Alex Scott maintains Jackson Financial (NYSE:JXN) with a Overweight and raises the price target from $149 to $150.