94/ 100
Capital adequacy — cross-regime normalized
Very Strong
Reported under US RBC — normalized to a common 0–100 band so US, Canadian and European insurers compare like-for-like. Open methodology; see sourcing below.
Capital & Solvency
| Capital adequacy (normalized) | Very Strong (94/100) |
| RBC ratio | 567% |
| Statutory surplus | $6.0B |
| Total adjusted capital | $8.5B |
| Prism ratio (avail/target) | 4.03x |
| Regulatory action level | none |
Curated from public statutory filings (point-in-time). Live refresh pending.
Financial Strength Ratings
| AM BEST | A | Stable |
| SP | BBB+ | Stable |
| MOODYS | Baa1 | Stable |
| FITCH | A- | Stable |
| Composite | AA | 71/100 |
Curated public rating actions, late-2024/2025.
Reinsurance & capital structurehow reserve risk is financed
Jackson Financial discloses 3 affiliated reinsurance captives (Michigan), including the newly formed Hickory Brooke Reinsurance Company; it also cedes externally to Athene Life Re Ltd., Swiss Reinsurance Company Ltd., Brooke Life Reinsurance Company. Its capital adequacy is Very Strong (94/100, RBC 567%). Affiliated captives are a common reserve-financing tool (e.g. XXX/AXXX term- and universal-life reserves); read capital strength alongside how much reserve risk is financed through these vehicles.
Affiliated reinsurance captives
3
Michigan · 3
⚑ New: Hickory Brooke Reinsurance Company
Cedes externally to
Athene Life Re Ltd.Swiss Reinsurance Company Ltd.Brooke Life Reinsurance Company
Affiliated captives from the Exhibit 21 entity list; external cedants from the firm's counterparty map; capital from public statutory/regulatory filings. Indicative.