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Life Health > Health Insurance

Earnings: Clear Choice, Jackson National

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Clear Choice Health Plans Inc. released second-quarter results this week, and the parent company of Jackson National Life Insurance Company discussed the first half.

Clear Choice Health Plans Inc., Bend, Ore.

2 Q 2009 Results

NET INCOME: $56,000 loss

REVENUE: $53 million

2 Q 2008 Results

NET INCOME: $426,000

REVENUE: $54 million

Jackson National Life Insurance Company, Lansing, Mich.

– Jackson National, a unit of Prudential P.L.C., London, did not break out detailed second-quarter results, but its parent company says the stock market rebound and decisions by some insurers to scale back product offerings due to capital constraints created favorable market conditions for companies with strong financial ratings and a “relatively consistent product set” to sell variable annuities.


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