Jackson Financial Inc. Class A Common Stock (JXN)

Competitors to Jackson Financial Inc. Class A Common Stock (JXN)

AIG (American International Group, Inc.) 

Jackson Financial and AIG compete primarily in the life insurance and annuity markets, with both companies offering a variety of retirement products. AIG has a more diversified business model compared to Jackson, providing various insurance solutions, including property and casualty insurance alongside its life insurance and annuities. This diversification gives AIG a competitive edge in risk management and attracting a wider customer base, making them somewhat less vulnerable to fluctuations in any single market sector.

Lincoln Financial Group 

Lincoln Financial Group and Jackson Financial both provide life insurance, annuities, and retirement planning products. Lincoln Financial has a broader portfolio in terms of financial planning resources and partnerships with financial advisors, which provides a competitive advantage in reaching a larger, more diverse clientele. Jackson Financial competes with innovative product offerings specifically tailored for annuity-seeking customers, but Lincoln's established distribution network and brand recognition bolster its competitive position.

MassMutual 

MassMutual and Jackson Financial compete in offering life insurance and annuity products to consumers. MassMutual, being a mutual company, prioritizes policyholders' interests and has a strong emphasis on long-term financial goals, which can attract customers looking for stability. However, Jackson Financial's focus on innovation in annuity products gives it an edge in certain market segments, particularly for consumers seeking more diverse investment growth strategies within their retirement planning.

Prudential Financial, Inc. 

Both Jackson Financial and Prudential Financial operate in the annuity and insurance sectors, targeting individuals seeking retirement and investment solutions. Jackson Financial focuses heavily on fixed and variable annuities, while Prudential's broader financial services include life insurance, investment management, and retirement solutions. The companies compete on product offerings, pricing, and customer service, with Prudential having the advantage of a well-established brand and a broader range of financial products due to its longer history in the marketplace.

Prudential plc

Prudential plc operates primarily outside the U.S. and specializes in a broad array of financial services, similar to Jackson Financial's offerings. While Jackson primarily targets U.S. annuity markets, Prudential plc has a significant presence in Asia and Europe, providing it with geographical diversification. This international experience and a sizable global client base give Prudential plc a competitive advantage in terms of risk exposure and access to different markets, although both companies share a focus on retirement-related products.