Jackson National to be spun off by UK insurer Prudential
![Jackson National](https://s32566.pcdn.co/wp-content/uploads/2021/01/Jackson-National-951x634.jpg.optimal.jpg)
An initial public offering of a stake in Jackson, one of the biggest annuities providers in the U.S., will be held in the first half of 2021, according to a Prudential statement.
U.S. insurer Prudential Plc plans to spin off its U.S. unit, Jackson National Life Insurance Co., and focus on Asia, accelerating a breakup of the company that began with the listing of its U.K. business last year.
An initial public offering of a stake in Jackson, one of the biggest annuities pro
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