9 Best Life Insurance Stocks to Buy Now

6. Jackson Financial Inc. (NYSE:JXN)

Number of Hedge Fund Holders: 34

Analysts’ Upside Potential as of December 4: 7.49%

Jackson Financial Inc. (NYSE:JXN) is among the Best Insurance Stocks. 

According to TheFly on November 17, 2025, Morgan Stanley reduced their price objective for Jackson Financial Inc. (NYSE:JXN) from $106 to $101 while maintaining an Equal Weight rating. The analyst noted a slowing property and casualty cycle into 2026 and pointed out that life insurance earnings announcements were stronger than the market reaction indicated.

Jackson Financial Inc. (NYSE:JXN) is the leading provider of variable annuities in the United States, providing a complex but sticky retirement plan that mixes investment and life insurance. These annuities foster long-term client relationships because they are challenging to leave once registered. The firm’s exceptional service and strong advisor incentives have helped it maintain its market leadership despite the product’s hefty fees.

Jackson Financial Inc. (NYSE:JXN) returned $210 million in capital to shareholders in Q3, bringing the year-to-date capital return to $657 million. It expanded its share repurchase authorization by $1 billion, with a projected total 2025 capital return of more than $800 million.

Jackson Financial Inc. (NYSE:JXN) is a holding company for investments. The company is divided into the following segments: Closed Life and Annuity Blocks, Institutional Products, and Retail Annuities.