nysaivcombined

JNLNY Separate Account IV

Financial Statements

December 31, 2023


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL Multi-Manager Emerging Markets Equity Fund - Class I		JNL Multi-Manager Small Cap Growth Fund - Class I			JNL Multi-Manager Small Cap Value Fund - Class I			JNL/American Funds Balanced Fund - Class I		JNL/BlackRock Large Cap Select Growth Fund - Class I			JNL/Causeway International Value Select Fund - Class I		JNL/DFA U.S. Core Equity Fund - Class I
Assets
Investments in Funds, at fair value			$	—	$	8,003		$	4,875		$	—	$	8,383		$	2,671	$	—
Receivables:
	Investments in Fund shares sold			—		—			—			—		—			—		—
	Investment Division units sold			—		—			—			—		—			—		—
Total assets				—		8,003			4,875			—		8,383			2,671		—

Liabilities
Payables:
	Investments in Fund shares purchased			—		—			—			—		—			—		—
	Investment Division units redeemed			—		—			—			—		—			—		—
	Insurance fees due to Jackson
		of New York		—		—			—			—		—			—		—
Total liabilities				—		—			—			—		—			—		—
Net assets			$	—	$	8,003		$	4,875		$	—	$	8,383		$	2,671	$	—
Unit Value				N/A		105.144912			38.936406			N/A		162.334201			28.860762		N/A

Investments in Funds, shares outstanding				—		194			244			—		113			135		—
Investments in Funds, at cost			$	—	$	6,062		$	3,094		$	—	$	4,736		$	2,140	$	—


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL Multi-Manager Emerging Markets Equity Fund - Class I		JNL Multi-Manager Small Cap Growth Fund - Class I			JNL Multi-Manager Small Cap Value Fund - Class I			JNL/American Funds Balanced Fund - Class I		JNL/BlackRock Large Cap Select Growth Fund - Class I			JNL/Causeway International Value Select Fund - Class I		JNL/DFA U.S. Core Equity Fund - Class I
Investment Income
Dividends			$	—	$	—		$	—		$	—	$	—		$	42	$	—
Expenses
	Asset-based charges			—		19			11			—		17			7		—
Total expenses				—		19			11			—		17			7		—
Net investment income (loss)				—		(19	)		(11	)		—		(17	)		35		—

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—		—			—			—		—			—		—
	Sales of investments in Funds			—		472			29			—		45			8		—
Net change in unrealized appreciation
	(depreciation) on investments in Funds			—		805			836			—		2,697			556		—
Net realized and unrealized gain (loss)				—		1,277			865			—		2,742			564		—

Net change in net assets
	from operations		$	—	$	1,258		$	854		$	—	$	2,725		$	599	$	—

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL/DoubleLine Core Fixed Income Fund - Class I		JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I			JNL/Franklin Templeton Income Fund - Class I		JNL/Goldman Sachs 4 Fund - Class A		JNL/Invesco Global Growth Fund - Class I			JNL/Invesco Small Cap Growth Fund - Class I			JNL/JPMorgan MidCap Growth Fund - Class I
Assets
Investments in Funds, at fair value			$	—	$	9,178		$	—	$	—	$	22,946		$	13,483		$	8,076
Receivables:
	Investments in Fund shares sold			—		76			—		—		—			—			—
	Investment Division units sold			—		—			—		—		—			—			—
Total assets				—		9,254			—		—		22,946			13,483			8,076

Liabilities
Payables:
	Investments in Fund shares purchased			—		—			—		—		—			—			—
	Investment Division units redeemed			—		76			—		—		—			—			—
	Insurance fees due to Jackson
		of New York		—		—			—		—		—			—			—
Total liabilities				—		76			—		—		—			—			—
Net assets			$	—	$	9,178		$	—	$	—	$	22,946		$	13,483		$	8,076
Unit Value				N/A		38.161236			N/A		N/A		49.441500			58.045487			137.569871

Investments in Funds, shares outstanding				—		746			—		—		878			391			127
Investments in Funds, at cost			$	—	$	9,464		$	—	$	—	$	15,454		$	13,346		$	3,310


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL/DoubleLine Core Fixed Income Fund - Class I		JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I			JNL/Franklin Templeton Income Fund - Class I		JNL/Goldman Sachs 4 Fund - Class A		JNL/Invesco Global Growth Fund - Class I			JNL/Invesco Small Cap Growth Fund - Class I			JNL/JPMorgan MidCap Growth Fund - Class I
Investment Income
Dividends			$	—	$	—		$	—	$	—	$	—		$	—		$	—
Expenses
	Asset-based charges			—		22			—		—		52			31			18
Total expenses				—		22			—		—		52			31			18
Net investment income (loss)				—		(22	)		—		—		(52	)		(31	)		(18	)

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—		—			—		—		—			—			—
	Sales of investments in Funds			—		(79	)		—		—		797			(22	)		98
Net change in unrealized appreciation
	(depreciation) on investments in Funds			—		677			—		—		5,428			1,502			1,458
Net realized and unrealized gain (loss)				—		598			—		—		6,225			1,480			1,556

Net change in net assets
	from operations		$	—	$	576		$	—	$	—	$	6,173		$	1,449		$	1,538

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I			JNL/JPMorgan U.S. Value Fund - Class I		JNL/Mellon Bond Index Fund - Class I		JNL/Mellon Communication Services Sector Fund - Class I		JNL/Mellon Consumer Discretionary Sector Fund - Class I		JNL/Mellon Energy Sector Fund - Class I			JNL/Mellon Financial Sector Fund - Class I
Assets
Investments in Funds, at fair value			$	5,535		$	—	$	—	$	408	$	—	$	3,389		$	249
Receivables:
	Investments in Fund shares sold			—			—		—		—		—		—			—
	Investment Division units sold			—			—		—		—		—		—			—
Total assets				5,535			—		—		408		—		3,389			249

Liabilities
Payables:
	Investments in Fund shares purchased			—			—		—		—		—		—			—
	Investment Division units redeemed			—			—		—		—		—		—			—
	Insurance fees due to Jackson
		of New York		—			—		—		—		—		—			—
Total liabilities				—			—		—		—		—		—			—
Net assets			$	5,535		$	—	$	—	$	408	$	—	$	3,389		$	249
Unit Value				29.345317			N/A		N/A		20.040944		N/A		60.498056			31.520573

Investments in Funds, shares outstanding				398			—		—		23		—		92			13
Investments in Funds, at cost			$	5,666		$	—	$	—	$	327	$	—	$	2,304		$	226


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I			JNL/JPMorgan U.S. Value Fund - Class I		JNL/Mellon Bond Index Fund - Class I		JNL/Mellon Communication Services Sector Fund - Class I		JNL/Mellon Consumer Discretionary Sector Fund - Class I		JNL/Mellon Energy Sector Fund - Class I			JNL/Mellon Financial Sector Fund - Class I
Investment Income
Dividends			$	—		$	—	$	—	$	—	$	—	$	—		$	—
Expenses
	Asset-based charges			16			—		—		—		—		8			—
Total expenses				16			—		—		—		—		8			—
Net investment income (loss)				(16	)		—		—		—		—		(8	)		—

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—			—		—		—		—		—			—
	Sales of investments in Funds			(92	)		—		—		1		—		48			(1	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds			356			—		—		135		—		(86	)		33
Net realized and unrealized gain (loss)				264			—		—		136		—		(38	)		32

Net change in net assets
	from operations		$	248		$	—	$	—	$	136	$	—	$	(46	)	$	32

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL/Mellon Healthcare Sector Fund - Class I		JNL/Mellon Information Technology Sector Fund - Class I		JNL/Mellon International Index Fund - Class I			JNL/Mellon S&P 400 MidCap Index Fund - Class I			JNL/Mellon S&P 500 Index Fund - Class I			JNL/Mellon Small Cap Index Fund - Class I			JNL/MFS Mid Cap Value Fund - Class I
Assets
Investments in Funds, at fair value			$	236	$	—	$	2,609		$	1,947		$	59,381		$	621		$	1,324
Receivables:
	Investments in Fund shares sold			—		—		—			—			—			—			—
	Investment Division units sold			—		—		—			—			—			—			—
Total assets				236		—		2,609			1,947			59,381			621			1,324

Liabilities
Payables:
	Investments in Fund shares purchased			—		—		—			—			—			—			—
	Investment Division units redeemed			—		—		—			—			—			—			—
	Insurance fees due to Jackson
		of New York		—		—		—			—			—			—			—
Total liabilities				—		—		—			—			—			—			—
Net assets			$	236	$	—	$	2,609		$	1,947		$	59,381		$	621		$	1,324
Unit Value				69.658511		N/A		32.103769			66.890873			56.234624			55.930126			43.932277

Investments in Funds, shares outstanding				5		—		160			60			1,529			23			71
Investments in Funds, at cost			$	226	$	—	$	2,170		$	1,522		$	38,808		$	511		$	1,167


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL/Mellon Healthcare Sector Fund - Class I		JNL/Mellon Information Technology Sector Fund - Class I		JNL/Mellon International Index Fund - Class I			JNL/Mellon S&P 400 MidCap Index Fund - Class I			JNL/Mellon S&P 500 Index Fund - Class I			JNL/Mellon Small Cap Index Fund - Class I			JNL/MFS Mid Cap Value Fund - Class I
Investment Income
Dividends			$	—	$	—	$	—		$	—		$	—		$	—		$	—
Expenses
	Asset-based charges			—		—		7			4			131			2			4
Total expenses				—		—		7			4			131			2			4
Net investment income (loss)				—		—		(7	)		(4	)		(131	)		(2	)		(4	)

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—		—		—			—			—			—			—
	Sales of investments in Funds			—		—		8			95			370			19			51
Net change in unrealized appreciation
	(depreciation) on investments in Funds			5		—		388			175			11,847			140			144
Net realized and unrealized gain (loss)				5		—		396			270			12,217			159			195

Net change in net assets
	from operations		$	5	$	—	$	389		$	266		$	12,086		$	157		$	191

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL/PPM America High Yield Bond Fund - Class I			JNL/RAFI Multi-Factor U.S. Equity Fund - Class I			JNL/T. Rowe Price Established Growth Fund - Class I			JNL/T. Rowe Price Mid-Cap Growth Fund - Class I			JNL/T. Rowe Price Short-Term Bond Fund - Class I		JNL/T. Rowe Price Value Fund - Class I		JNL/William Blair International Leaders Fund - Class I
Assets
Investments in Funds, at fair value			$	8,800		$	281,540		$	15,761		$	8,228		$	—	$	—	$	3,689
Receivables:
	Investments in Fund shares sold			—			2			—			—			—		—		—
	Investment Division units sold			—			—			—			—			—		—		—
Total assets				8,800			281,542			15,761			8,228			—		—		3,689

Liabilities
Payables:
	Investments in Fund shares purchased			—			—			—			—			—		—		—
	Investment Division units redeemed			—			—			—			—			—		—		—
	Insurance fees due to Jackson
		of New York		—			2			—			—			—		—		—
Total liabilities				—			2			—			—			—		—		—
Net assets			$	8,800		$	281,540		$	15,761		$	8,228		$	—	$	—	$	3,689
Unit Value				34.685870			40.444199			181.511349			245.396446			N/A		N/A		36.029055

Investments in Funds, shares outstanding				481			13,581			212			106			—		—		310
Investments in Funds, at cost			$	7,810		$	190,359		$	14,118		$	7,816		$	—	$	—	$	3,934


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL/PPM America High Yield Bond Fund - Class I			JNL/RAFI Multi-Factor U.S. Equity Fund - Class I			JNL/T. Rowe Price Established Growth Fund - Class I			JNL/T. Rowe Price Mid-Cap Growth Fund - Class I			JNL/T. Rowe Price Short-Term Bond Fund - Class I		JNL/T. Rowe Price Value Fund - Class I		JNL/William Blair International Leaders Fund - Class I
Investment Income
Dividends			$	—		$	—		$	—		$	—		$	—	$	—	$	4
Expenses
	Asset-based charges			21			647			35			19			—		—		8
Total expenses				21			647			35			19			—		—		8
Net investment income (loss)				(21	)		(647	)		(35	)		(19	)		—		—		(4	)

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—			—			—			—			—		—		—
	Sales of investments in Funds			8			4,599			(225	)		(89	)		—		—		(39	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds			1,009			26,740			5,714			1,541			—		—		453
Net realized and unrealized gain (loss)				1,017			31,339			5,489			1,452			—		—		414

Net change in net assets
	from operations		$	996		$	30,692		$	5,454		$	1,433		$	—	$	—	$	410

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Assets and Liabilities
December 31, 2023


			JNL/WMC Balanced Fund - Class I		JNL/WMC Global Real Estate Fund - Class I			JNL/WMC Government Money Market Fund - Class I		JNL/WMC Value Fund - Class I
Assets
Investments in Funds, at fair value			$	—	$	2,286		$	47	$	370
Receivables:
	Investments in Fund shares sold			—		—			—		—
	Investment Division units sold			—		—			—		—
Total assets				—		2,286			47		370

Liabilities
Payables:
	Investments in Fund shares purchased			—		—			—		—
	Investment Division units redeemed			—		—			—		—
	Insurance fees due to Jackson
		of New York		—		—			—		—
Total liabilities				—		—			—		—
Net assets			$	—	$	2,286		$	47	$	370
Unit Value				N/A		21.720046			17.161633		72.567846

Investments in Funds, shares outstanding				—		231			46		11
Investments in Funds, at cost			$	—	$	2,281		$	46	$	321


JNLNY Separate Account IV
Statements of Operations
For the Year Ended December 31, 2023


			JNL/WMC Balanced Fund - Class I		JNL/WMC Global Real Estate Fund - Class I			JNL/WMC Government Money Market Fund - Class I		JNL/WMC Value Fund - Class I
Investment Income
Dividends			$	—	$	—		$	2	$	—
Expenses
	Asset-based charges			—		5			—		1
Total expenses				—		5			—		1
Net investment income (loss)				—		(5	)		2		(1	)

Realized and unrealized gain (loss)
Net realized gain (loss) on:
	Distributions from Funds			—		—			—		—
	Sales of investments in Funds			—		(4	)		—		3
Net change in unrealized appreciation
	(depreciation) on investments in Funds			—		210			—		28
Net realized and unrealized gain (loss)				—		206			—		31

Net change in net assets
	from operations		$	—	$	201		$	2	$	30

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL Multi-Manager Emerging Markets Equity Fund - Class I		JNL Multi-Manager Small Cap Growth Fund - Class I			JNL Multi-Manager Small Cap Value Fund - Class I			JNL/American Funds Balanced Fund - Class I		JNL/BlackRock Large Cap Select Growth Fund - Class I			JNL/Causeway International Value Select Fund - Class I			JNL/DFA U.S. Core Equity Fund - Class I
Operations
Net investment income (loss)		$	—	$	(19	)	$	(11	)	$	—	$	(17	)	$	35		$	—
Net realized gain (loss) on investments in Funds			—		472			29			—		45			8			—
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		805			836			—		2,697			556			—
Net change in net assets
	from operations		—		1,258			854			—		2,725			599			—

Contract transactions
Purchase payments			—		1,916			—			—		407			—			—
Surrenders and terminations			—		—			—			—		—			—			—
Transfers between Investment Divisions			—		14			—			—		—			1			—
Contract owner charges			—		(2,367	)		(99	)		—		(120	)		(57	)		—
Net change in net assets
	from contract transactions		—		(437	)		(99	)		—		287			(56	)		—

Net change in net assets			—		821			755			—		3,012			543			—

Net assets beginning of year			—		7,182			4,120			—		5,371			2,128			—

Net assets end of year		$	—	$	8,003		$	4,875		$	—	$	8,383		$	2,671		$	—

Contract unit transactions
Units outstanding at beginning of year			—		79			127			—		51			93			—
Units issued			—		21			—			—		3			—			—
Units redeemed			—		(24	)		(3	)		—		(1	)		(2	)		—
Units outstanding at end of year			—		76			124			—		53			91			—
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	—	$	1,935		$	—		$	—	$	407		$	42		$	—
Proceeds from sales		$	—	$	2,391		$	110		$	—	$	137		$	63		$	—

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL/DoubleLine Core Fixed Income Fund - Class I		JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I			JNL/Franklin Templeton Income Fund - Class I		JNL/Goldman Sachs 4 Fund - Class A		JNL/Invesco Global Growth Fund - Class I			JNL/Invesco Small Cap Growth Fund - Class I			JNL/JPMorgan MidCap Growth Fund - Class I
Operations
Net investment income (loss)		$	—	$	(22	)	$	—	$	—	$	(52	)	$	(31	)	$	(18	)
Net realized gain (loss) on investments in Funds			—		(79	)		—		—		797			(22	)		98
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		677			—		—		5,428			1,502			1,458
Net change in net assets
	from operations		—		576			—		—		6,173			1,449			1,538

Contract transactions
Purchase payments			—		1,160			—		—		2,121			509			—
Surrenders and terminations			—		—			—		—		—			—			—
Transfers between Investment Divisions			—		(137	)		—		—		339			—			—
Contract owner charges			—		(819	)		—		—		(3,204	)		(282	)		(167	)
Net change in net assets
	from contract transactions		—		204			—		—		(744	)		227			(167	)

Net change in net assets			—		780			—		—		5,429			1,676			1,371

Net assets beginning of year			—		8,398			—		—		17,517			11,807			6,705

Net assets end of year		$	—	$	9,178		$	—	$	—	$	22,946		$	13,483		$	8,076

Contract unit transactions
Units outstanding at beginning of year			—		234			—		—		474			227			57
Units issued			—		32			—		—		63			9			—
Units redeemed			—		(27	)		—		—		(75	)		(5	)		(1	)
Units outstanding at end of year			—		239			—		—		462			231			56
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	—	$	1,178		$	—	$	—	$	2,526		$	509		$	—
Proceeds from sales		$	—	$	997		$	—	$	—	$	3,322		$	313		$	185

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I			JNL/JPMorgan U.S. Value Fund - Class I		JNL/Mellon Bond Index Fund - Class I		JNL/Mellon Communication Services Sector Fund - Class I			JNL/Mellon Consumer Discretionary Sector Fund - Class I		JNL/Mellon Energy Sector Fund - Class I			JNL/Mellon Financial Sector Fund - Class I
Operations
Net investment income (loss)		$	(16	)	$	—	$	—	$	—		$	—	$	(8	)	$	—
Net realized gain (loss) on investments in Funds			(92	)		—		—		1			—		48			(1	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds		356			—		—		135			—		(86	)		33
Net change in net assets
	from operations		248			—		—		136			—		(46	)		32

Contract transactions
Purchase payments			—			—		—		—			—		71			112
Surrenders and terminations			—			—		—		—			—		—			—
Transfers between Investment Divisions			(20	)		—		—		202			—		(47	)		(1	)
Contract owner charges			(1,676	)		—		—		(37	)		—		(109	)		(55	)
Net change in net assets
	from contract transactions		(1,696	)		—		—		165			—		(85	)		56

Net change in net assets			(1,448	)		—		—		301			—		(131	)		88

Net assets beginning of year			6,983			—		—		107			—		3,520			161

Net assets end of year		$	5,535		$	—	$	—	$	408		$	—	$	3,389		$	249

Contract unit transactions
Units outstanding at beginning of year			249			—		—		8			—		54			10
Units issued			—			—		—		14			—		1			4
Units redeemed			(59	)		—		—		(2	)		—		(3	)		(2	)
Units outstanding at end of year			190			—		—		20			—		52			12
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	—		$	—	$	—	$	204		$	—	$	71		$	112
Proceeds from sales		$	1,712		$	—	$	—	$	39		$	—	$	164		$	56

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL/Mellon Healthcare Sector Fund - Class I			JNL/Mellon Information Technology Sector Fund - Class I		JNL/Mellon International Index Fund - Class I			JNL/Mellon S&P 400 MidCap Index Fund - Class I			JNL/Mellon S&P 500 Index Fund - Class I			JNL/Mellon Small Cap Index Fund - Class I			JNL/MFS Mid Cap Value Fund - Class I
Operations
Net investment income (loss)		$	—		$	—	$	(7	)	$	(4	)	$	(131	)	$	(2	)	$	(4	)
Net realized gain (loss) on investments in Funds			—			—		8			95			370			19			51
Net change in unrealized appreciation
	(depreciation) on investments in Funds		5			—		388			175			11,847			140			144
Net change in net assets
	from operations		5			—		389			266			12,086			157			191

Contract transactions
Purchase payments			112			—		—			416			1,640			1,511			1,846
Surrenders and terminations			—			—		—			—			—			—			—
Transfers between Investment Divisions			—			—		—			87			(305	)		—			(3	)
Contract owner charges			(56	)		—		(56	)		(533	)		(808	)		(1,959	)		(2,164	)
Net change in net assets
	from contract transactions		56			—		(56	)		(30	)		527			(448	)		(321	)

Net change in net assets			61			—		333			236			12,613			(291	)		(130	)

Net assets beginning of year			175			—		2,276			1,711			46,768			912			1,454

Net assets end of year		$	236		$	—	$	2,609		$	1,947		$	59,381		$	621		$	1,324

Contract unit transactions
Units outstanding at beginning of year			3			—		81			28			1,047			19			38
Units issued			2			—		—			8			36			31			47
Units redeemed			(1	)		—		(2	)		(9	)		(26	)		(39	)		(54	)
Units outstanding at end of year			4			—		79			27			1,057			11			31
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	112		$	—	$	—		$	516		$	1,817		$	1,511		$	1,846
Proceeds from sales		$	56		$	—	$	63		$	550		$	1,422		$	1,962		$	2,171

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL/PPM America High Yield Bond Fund - Class I			JNL/RAFI Multi-Factor U.S. Equity Fund - Class I			JNL/T. Rowe Price Established Growth Fund - Class I			JNL/T. Rowe Price Mid-Cap Growth Fund - Class I			JNL/T. Rowe Price Short-Term Bond Fund - Class I		JNL/T. Rowe Price Value Fund - Class I		JNL/William Blair International Leaders Fund - Class I
Operations
Net investment income (loss)		$	(21	)	$	(647	)	$	(35	)	$	(19	)	$	—	$	—	$	(4	)
Net realized gain (loss) on investments in Funds			8			4,599			(225	)		(89	)		—		—		(39	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds		1,009			26,740			5,714			1,541			—		—		453
Net change in net assets
	from operations		996			30,692			5,454			1,433			—		—		410

Contract transactions
Purchase payments			222			11,573			3,677			1,414			—		—		446
Surrenders and terminations			(44	)		—			(7	)		—			—		—		—
Transfers between Investment Divisions			(160	)		(934	)		(35	)		—			—		—		(3	)
Contract owner charges			—			(15,151	)		(4,255	)		(1,518	)		—		—		(270	)
Net change in net assets
	from contract transactions		18			(4,512	)		(620	)		(104	)		—		—		173

Net change in net assets			1,014			26,180			4,834			1,329			—		—		583

Net assets beginning of year			7,786			255,360			10,927			6,899			—		—		3,106

Net assets end of year		$	8,800		$	281,540		$	15,761		$	8,228		$	—	$	—	$	3,689

Contract unit transactions
Units outstanding at beginning of year			256			7,079			90			35			—		—		98
Units issued			7			318			25			7			—		—		13
Units redeemed			(7	)		(438	)		(28	)		(7	)		—		—		(8	)
Units outstanding at end of year			256			6,959			87			35			—		—		103
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	222		$	11,773		$	3,677		$	1,414		$	—	$	—	$	451
Proceeds from sales		$	225		$	16,932		$	4,332		$	1,537		$	—	$	—	$	282

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2023


		JNL/WMC Balanced Fund - Class I		JNL/WMC Global Real Estate Fund - Class I			JNL/WMC Government Money Market Fund - Class I			JNL/WMC Value Fund - Class I
Operations
Net investment income (loss)		$	—	$	(5	)	$	2		$	(1	)
Net realized gain (loss) on investments in Funds			—		(4	)		—			3
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		210			—			28
Net change in net assets
	from operations		—		201			2			30

Contract transactions
Purchase payments			—		—			71			71
Surrenders and terminations			—		—			—			—
Transfers between Investment Divisions			—		—			(180	)		1
Contract owner charges			—		(49	)		(5	)		(38	)
Net change in net assets
	from contract transactions		—		(49	)		(114	)		34

Net change in net assets			—		152			(112	)		64

Net assets beginning of year			—		2,134			159			306

Net assets end of year		$	—	$	2,286		$	47		$	370

Contract unit transactions
Units outstanding at beginning of year			—		106			13			5
Units issued			—		—			4			1
Units redeemed			—		(2	)		(11	)		(1	)
Units outstanding at end of year			—		104			6			5
Cost of purchases and proceeds
	from sales of the Investments in Funds
Cost of purchases		$	—	$	—		$	73		$	73
Proceeds from sales		$	—	$	54		$	186		$	40

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL Multi-Manager Emerging Markets Equity Fund - Class I		JNL Multi-Manager Small Cap Growth Fund - Class I			JNL Multi-Manager Small Cap Value Fund - Class I			JNL/American Funds Balanced Fund - Class I		JNL/BlackRock Large Cap Select Growth Fund - Class I			JNL/Causeway International Value Select Fund - Class I			JNL/DFA U.S. Core Equity Fund - Class I
Operations
Net investment income (loss)		$	—	$	(19	)	$	(11	)	$	—	$	(16	)	$	29		$	—
Net realized gain (loss) on investments in Funds			—		537			26			—		36			(4	)		—
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		(3,549	)		(598	)		—		(3,175	)		(191	)		—
Net change in net assets
	from operations		—		(3,031	)		(583	)		—		(3,155	)		(166	)		—

Contract transactions
Purchase payments			—		2,640			—			—		407			—			—
Surrenders and terminations			—		—			—			—		—			—			—
Transfers between Investment Divisions			—		152			—			—		—			—			—
Contract owner charges			—		(2,075	)		(102	)		—		(116	)		(50	)		—
Net change in net assets
	from contract transactions		—		717			(102	)		—		291			(50	)		—

Net change in net assets			—		(2,314	)		(685	)		—		(2,864	)		(216	)		—

Net assets beginning of year			—		9,496			4,805			—		8,235			2,344			—

Net assets end of year		$	—	$	7,182		$	4,120		$	—	$	5,371		$	2,128		$	—

Contract unit transactions
Units outstanding at beginning of year			—		72			130			—		49			95			—
Units issued			—		28			—			—		3			—			—
Units redeemed			—		(21	)		(3	)		—		(1	)		(2	)		—
Units outstanding at end of year			—		79			127			—		51			93			—

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL/DoubleLine Core Fixed Income Fund - Class I		JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I			JNL/Franklin Templeton Income Fund - Class I		JNL/Goldman Sachs 4 Fund - Class A		JNL/Invesco Global Growth Fund - Class I			JNL/Invesco Small Cap Growth Fund - Class I			JNL/JPMorgan MidCap Growth Fund - Class I
Operations
Net investment income (loss)		$	—	$	(21	)	$	—	$	—	$	(46	)	$	(32	)	$	(18	)
Net realized gain (loss) on investments in Funds			—		(77	)		—		—		544			(15	)		99
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		(1,088	)		—		—		(7,982	)		(6,285	)		(2,621	)
Net change in net assets
	from operations		—		(1,186	)		—		—		(7,484	)		(6,332	)		(2,540	)

Contract transactions
Purchase payments			—		1,160			—		—		3,086			509			—
Surrenders and terminations			—		—			—		—		—			—			—
Transfers between Investment Divisions			—		847			—		—		1,950			—			—
Contract owner charges			—		(861	)		—		—		(2,602	)		(292	)		(174	)
Net change in net assets
	from contract transactions		—		1,146			—		—		2,434			217			(174	)

Net change in net assets			—		(40	)		—		—		(5,050	)		(6,115	)		(2,714	)

Net assets beginning of year			—		8,438			—		—		22,567			17,922			9,419

Net assets end of year		$	—	$	8,398		$	—	$	—	$	17,517		$	11,807		$	6,705

Contract unit transactions
Units outstanding at beginning of year			—		204			—		—		414			223			58
Units issued			—		54			—		—		127			9			—
Units redeemed			—		(24	)		—		—		(67	)		(5	)		(1	)
Units outstanding at end of year			—		234			—		—		474			227			57

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I			JNL/JPMorgan U.S. Value Fund - Class I		JNL/Mellon Bond Index Fund - Class I		JNL/Mellon Communication Services Sector Fund - Class I			JNL/Mellon Consumer Discretionary Sector Fund - Class I		JNL/Mellon Energy Sector Fund - Class I			JNL/Mellon Financial Sector Fund - Class I
Operations
Net investment income (loss)		$	(21	)	$	—	$	—	$	—		$	—	$	(8	)	$	—
Net realized gain (loss) on investments in Funds			(59	)		—		—		(4	)		—		44			(3	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds		(1,008	)		—		—		(66	)		—		1,305			(11	)
Net change in net assets
	from operations		(1,088	)		—		—		(70	)		—		1,341			(14	)

Contract transactions
Purchase payments			—			—		—		—			—		71			112
Surrenders and terminations			—			—		—		—			—		—			—
Transfers between Investment Divisions			(25	)		—		—		56			—		22			6
Contract owner charges			(1,941	)		—		—		(20	)		—		(110	)		(30	)
Net change in net assets
	from contract transactions		(1,966	)		—		—		36			—		(17	)		88

Net change in net assets			(3,054	)		—		—		(34	)		—		1,324			74

Net assets beginning of year			10,037			—		—		141			—		2,196			87

Net assets end of year		$	6,983		$	—	$	—	$	107		$	—	$	3,520		$	161

Contract unit transactions
Units outstanding at beginning of year			316			—		—		6			—		55			7
Units issued			—			—		—		3			—		3			4
Units redeemed			(67	)		—		—		(1	)		—		(4	)		(1	)
Units outstanding at end of year			249			—		—		8			—		54			10

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL/Mellon Healthcare Sector Fund - Class I			JNL/Mellon Information Technology Sector Fund - Class I		JNL/Mellon International Index Fund - Class I			JNL/Mellon S&P 400 MidCap Index Fund - Class I			JNL/Mellon S&P 500 Index Fund - Class I			JNL/Mellon Small Cap Index Fund - Class I			JNL/MFS Mid Cap Value Fund - Class I
Operations
Net investment income (loss)		$	—		$	—	$	6		$	(4	)	$	(123	)	$	(2	)	$	(3	)
Net realized gain (loss) on investments in Funds			(1	)		—		56			103			672			(96	)		(7	)
Net change in unrealized appreciation
	(depreciation) on investments in Funds		(2	)		—		(446	)		(346	)		(11,157	)		(73	)		(84	)
Net change in net assets
	from operations		(3	)		—		(384	)		(247	)		(10,608	)		(171	)		(94	)

Contract transactions
Purchase payments			112			—		—			416			1,640			2,235			2,569
Surrenders and terminations			—			—		—			—			—			—			—
Transfers between Investment Divisions			7			—		—			87			(1,634	)		—			21
Contract owner charges			(33	)		—		(55	)		(510	)		(680	)		(1,987	)		(2,168	)
Net change in net assets
	from contract transactions		86			—		(55	)		(7	)		(674	)		248			422

Net change in net assets			83			—		(439	)		(254	)		(11,282	)		77			328

Net assets beginning of year			92			—		2,715			1,965			58,050			835			1,126

Net assets end of year		$	175		$	—	$	2,276		$	1,711		$	46,768		$	912		$	1,454

Contract unit transactions
Units outstanding at beginning of year			2			—		83			28			1,060			14			27
Units issued			2			—		—			9			37			44			66
Units redeemed			(1	)		—		(2	)		(9	)		(50	)		(39	)		(55	)
Units outstanding at end of year			3			—		81			28			1,047			19			38

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL/PPM America High Yield Bond Fund - Class I			JNL/RAFI Multi-Factor U.S. Equity Fund - Class I			JNL/T. Rowe Price Established Growth Fund - Class I			JNL/T. Rowe Price Mid-Cap Growth Fund - Class I			JNL/T. Rowe Price Short-Term Bond Fund - Class I		JNL/T. Rowe Price Value Fund - Class I		JNL/William Blair International Leaders Fund - Class I
Operations
Net investment income (loss)		$	(19	)	$	(644	)	$	(30	)	$	(17	)	$	—	$	—	$	60
Net realized gain (loss) on investments in Funds			(1	)		4,664			(811	)		(214	)		—		—		440
Net change in unrealized appreciation
	(depreciation) on investments in Funds		(953	)		(26,571	)		(5,319	)		(1,577	)		—		—		(1,467	)
Net change in net assets
	from operations		(973	)		(22,551	)		(6,160	)		(1,808	)		—		—		(967	)

Contract transactions
Purchase payments			222			9,723			4,883			1,897			—		—		446
Surrenders and terminations			—			—			—			—			—		—		—
Transfers between Investment Divisions			386			(3,492	)		28			—			—		—		28
Contract owner charges			—			(13,762	)		(3,336	)		(1,407	)		—		—		(177	)
Net change in net assets
	from contract transactions		608			(7,531	)		1,575			490			—		—		297

Net change in net assets			(365	)		(30,082	)		(4,585	)		(1,318	)		—		—		(670	)

Net assets beginning of year			8,151			285,442			15,512			8,217			—		—		3,776

Net assets end of year		$	7,786		$	255,360		$	10,927		$	6,899		$	—	$	—	$	3,106

Contract unit transactions
Units outstanding at beginning of year			237			7,281			78			33			—		—		89
Units issued			19			274			35			9			—		—		14
Units redeemed			—			(476	)		(23	)		(7	)		—		—		(5	)
Units outstanding at end of year			256			7,079			90			35			—		—		98

See Notes to the Financial Statements.


JNLNY Separate Account IV
Statements of Changes in Net Assets
December 31, 2022


		JNL/WMC Balanced Fund - Class I		JNL/WMC Global Real Estate Fund - Class I			JNL/WMC Government Money Market Fund - Class I			JNL/WMC Value Fund - Class I
Operations
Net investment income (loss)		$	—	$	(6	)	$	2		$	—
Net realized gain (loss) on investments in Funds			—		—			—			7
Net change in unrealized appreciation
	(depreciation) on investments in Funds		—		(820	)		—			(18	)
Net change in net assets
	from operations		—		(826	)		2			(11	)

Contract transactions
Purchase payments			—		—			71			71
Surrenders and terminations			—		—			—			—
Transfers between Investment Divisions			—		—			55			82
Contract owner charges			—		(58	)		(15	)		(38	)
Net change in net assets
	from contract transactions		—		(58	)		111			115

Net change in net assets			—		(884	)		113			104

Net assets beginning of year			—		3,018			46			202

Net assets end of year		$	—	$	2,134		$	159		$	306

Contract unit transactions
Units outstanding at beginning of year			—		109			6			2
Units issued			—		—			11			3
Units redeemed			—		(3	)		(4	)		(1	)
Units outstanding at end of year			—		106			13			4

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total	Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†	Expenses(%)^
JNL Multi-Manager Emerging Markets Equity Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	16.788290	(0.50	)	0.90	19.330807	4.15	0.25
12/31/2020	—	—	0.00	16.873175	8.23		0.90	18.560896	8.94	0.25
12/31/2019	—	—	0.00	15.589610	17.11		0.90	17.037850	17.88	0.25
JNL Multi-Manager Small Cap Growth Fund - Class I
12/31/2023	8	0	0.00	105.144912	16.39		0.25	N/A	N/A	N/A
12/31/2022	7	0	0.00	90.339131	(31.05	)	0.25	N/A	N/A	N/A
12/31/2021	9	0	0.00	111.084457	2.30		0.90	139.571773	9.69	0.25
12/31/2020	34	0	0.00	108.590754	45.55		0.90	127.245572	46.50	0.25
12/31/2019	23	0	0.00	74.607239	35.09		0.90	86.857681	35.98	0.25
JNL Multi-Manager Small Cap Value Fund - Class I
12/31/2023	5	0	0.00	38.936406	21.07		0.25	N/A	N/A	N/A
12/31/2022	4	0	0.00	32.160220	(12.15	)	0.25	N/A	N/A	N/A
12/31/2021	5	0	0.00	32.889851	22.25		0.90	38.154075	28.25	0.25
12/31/2020	4	0	0.00	26.904702	5.14		0.90	29.750229	5.82	0.25
12/31/2019	4	0	0.00	25.589974	24.45		0.90	28.113141	25.27	0.25
JNL/American Funds Balanced Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	26.615063	14.05		0.90	32.328768	21.19	0.25
12/31/2020	9	0	0.00	23.335994	11.38		0.90	26.675622	12.10	0.25
12/31/2019	8	0	0.00	20.952259	20.00		0.90	23.795898	20.79	0.25
JNL/BlackRock Large Cap Select Growth Fund - Class I
12/31/2023	8	0	0.00	162.334201	49.76		0.25	N/A	N/A	N/A
12/31/2022	5	0	0.00	108.396109	(37.84	)	0.25	N/A	N/A	N/A
12/31/2021	8	0	0.00	146.674974	19.72		0.90	186.405085	28.81	0.25
12/31/2020	23	0	0.00	122.512685	37.60		0.90	144.717556	38.50	0.25
12/31/2019	16	0	0.00	89.032329	31.54		0.90	104.487926	32.40	0.25
JNL/Causeway International Value Select Fund - Class I
12/31/2023	3	0	1.71	28.860762	28.44		0.25	N/A	N/A	N/A
12/31/2022	2	0	1.62	22.469713	(6.95	)	0.25	N/A	N/A	N/A
12/31/2021	2	0	1.50	20.728079	7.79		0.90	25.616564	15.05	0.25
12/31/2020	2	0	4.92	19.230140	5.28		0.90	22.266291	5.99	0.25
12/31/2019	2	0	3.20	18.265909	18.23		0.90	21.008190	19.04	0.25
JNL/DFA U.S. Core Equity Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	65.098962	26.19		0.90	86.038472	35.30	0.25
12/31/2020	—	—	0.00	51.589224	15.26		0.90	63.589202	16.01	0.25
12/31/2019	—	—	0.00	44.758353	28.83		0.90	54.811992	29.67	0.25



*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total	Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†	Expenses(%)^
JNL/DoubleLine Core Fixed Income Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	26.313811	(1.03	)	0.90	32.568845	5.49	0.25
12/31/2020	—	—	0.00	26.587156	4.39		0.90	30.873188	5.07	0.25
12/31/2019	—	—	0.00	25.468269	7.26		0.90	29.382314	7.96	0.25
JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I
12/31/2023	9	0	0.00	38.161236	6.78		0.25	N/A	N/A	N/A
12/31/2022	8	0	0.00	35.737874	(13.50	)	0.25	N/A	N/A	N/A
12/31/2021	8	0	0.00	34.719850	(1.27	)	0.90	44.126616	6.16	0.25
12/31/2020	1	0	0.00	35.165953	7.69		0.90	41.565904	8.43	0.25
12/31/2019	8	0	2.09	32.655836	8.58		0.90	38.335759	9.29	0.25
JNL/Franklin Templeton Income Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	21.416429	14.16		0.90	24.659783	19.50	0.25
12/31/2020	—	—	0.00	18.760198	0.24		0.90	20.636613	0.90	0.25
12/31/2019	—	—	0.00	18.714508	15.31		0.90	20.452980	16.06	0.25
JNL/Goldman Sachs 4 Fund - Class A
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A	N/A
12/31/2021	—	—	0.00	36.287391	34.27		0.90	44.436428	39.98	0.25
12/31/2020	—	—	0.00	27.026469	3.58		0.90	31.743801	4.25	0.25
12/31/2019	—	—	0.00	26.092710	23.92		0.90	30.448499	24.73	0.25
JNL/Invesco Global Growth Fund - Class I
12/31/2023	23	0	0.00	49.441500	34.63		0.25	N/A	N/A	N/A
12/31/2022	18	0	0.00	36.723244	(32.19	)	0.25	N/A	N/A	N/A
12/31/2021	23	0	0.00	47.350199	14.69		0.90	57.031470	21.56	0.25
12/31/2020	37	1	0.00	41.285930	27.36		0.90	46.915151	28.19	0.25
12/31/2019	60	2	0.94	32.416638	30.55		0.90	36.598046	31.40	0.25
JNL/Invesco Small Cap Growth Fund - Class I
12/31/2023	13	0	0.00	58.045487	12.16		0.25	N/A	N/A	N/A
12/31/2022	12	0	0.00	51.751176	(35.26	)	0.25	N/A	N/A	N/A
12/31/2021	18	0	0.00	70.116357	6.63		0.90	84.077502	12.90	0.25
12/31/2020	8	0	0.00	65.754362	55.54		0.90	74.473614	56.55	0.25
12/31/2019	5	0	0.00	42.275492	23.70		0.90	47.571096	24.50	0.25
JNL/JPMorgan MidCap Growth Fund - Class I
12/31/2023	8	0	0.00	137.569871	23.28		0.25	N/A	N/A	N/A
12/31/2022	7	0	0.00	111.594131	(27.05	)	0.25	N/A	N/A	N/A
12/31/2021	9	0	0.00	128.586003	10.36		0.90	163.517476	18.74	0.25
12/31/2020	9	0	0.00	116.518246	47.10		0.90	137.715410	48.06	0.25
12/31/2019	6	0	0.00	79.209295	39.08		0.90	93.010423	39.98	0.25



*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total		Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†		Expenses(%)^
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I
12/31/2023	6	0	0.00	29.345317	4.25		0.25	N/A	N/A		N/A
12/31/2022	7	0	0.00	28.150047	(11.61	)	0.25	N/A	N/A		N/A
12/31/2021	10	0	0.00	26.895013	(2.71	)	0.90	34.042647	4.68		0.25
12/31/2020	17	1	0.00	27.644059	6.26		0.90	32.521119	6.95		0.25
12/31/2019	15	0	0.00	26.016152	5.85		0.90	30.408384	6.55		0.25
JNL/JPMorgan U.S. Value Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	20.192004	26.61		0.90	23.103278	32.30		0.25
12/31/2020+	—	—	0.00	15.947589	29.18	‡	0.90	17.462975	29.76	‡	0.25
JNL/Mellon Bond Index Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	18.073489	(2.67	)	0.90	21.235395	2.98		0.25
12/31/2020	—	—	0.00	18.568465	6.30		0.90	20.620126	6.99		0.25
12/31/2019	—	—	0.00	17.467725	7.40		0.90	19.272095	8.10		0.25
JNL/Mellon Communication Services Sector Fund - Class I
12/31/2023	0	0	0.00	20.040944	54.09		0.25	N/A	N/A		N/A
12/31/2022	0	0	0.00	13.006151	(41.15	)	0.25	N/A	N/A		N/A
12/31/2021	0	0	0.00	19.786483	14.94		0.90	23.313085	22.26		0.25
12/31/2020	—	—	0.00	17.214670	24.60		0.90	19.067853	25.41		0.25
12/31/2019	—	—	0.00	13.816350	25.77		0.90	15.204553	26.59		0.25
JNL/Mellon Consumer Discretionary Sector Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	74.001910	21.86		0.90	90.605295	29.76		0.25
12/31/2020	—	—	0.00	60.726462	46.24		0.90	69.827333	47.19		0.25
12/31/2019	—	—	0.00	41.525663	26.15		0.90	47.439602	26.97		0.25
JNL/Mellon Energy Sector Fund - Class I
12/31/2023	3	0	0.00	60.498056	(1.11	)	0.25	N/A	N/A		N/A
12/31/2022	4	0	0.00	61.179824	61.48		0.25	N/A	N/A		N/A
12/31/2021	2	0	0.00	32.754442	53.79		0.90	40.077875	63.78		0.25
12/31/2020	1	0	0.00	21.297980	(34.08	)	0.90	24.470954	(33.66	)	0.25
12/31/2019	9	0	0.00	32.308114	8.05		0.90	36.885404	8.76		0.25
JNL/Mellon Financial Sector Fund - Class I
12/31/2023	0	0	0.00	31.520573	15.74		0.25	N/A	N/A		N/A
12/31/2022	0	0	0.00	27.233079	(12.58	)	0.25	N/A	N/A		N/A
12/31/2021	0	0	0.00	27.005699	28.62		0.90	32.940962	36.93		0.25
12/31/2020	16	1	0.00	20.996250	(3.24	)	0.90	24.055965	(2.61	)	0.25
12/31/2019	38	2	0.00	21.700015	30.31		0.90	24.701011	31.16		0.25


+	The mutual fund's shares, as applicable, became available as follows for investment by the Investment Division: JNL/JPMorgan U.S. Value Fund - Class I - April 27, 2020.
*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.
‡	Total return is calculated from the effective date through the end of the reporting period and is not annualized. The effective date is the date when the optional benefit in the variable account was elected by a contract owner.

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total		Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†		Expenses(%)^
JNL/Mellon Healthcare Sector Fund - Class I
12/31/2023	0	0	0.00	69.658511	1.92		0.25	N/A	N/A		N/A
12/31/2022	0	0	0.00	68.343611	(5.44	)	0.25	N/A	N/A		N/A
12/31/2021	0	0	0.00	62.459293	19.53		0.90	76.385309	27.18		0.25
12/31/2020	1	0	0.00	52.255719	16.87		0.90	60.059825	17.69		0.25
12/31/2019	7	0	0.00	44.714581	20.74		0.90	51.032021	21.54		0.25
JNL/Mellon Information Technology Sector Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	55.028455	32.49		0.90	67.249545	41.08		0.25
12/31/2020	47	1	0.00	41.534463	44.31		0.90	47.668497	45.25		0.25
12/31/2019	70	2	0.00	28.781387	47.16		0.90	32.818047	48.12		0.25
JNL/Mellon International Index Fund - Class I
12/31/2023	3	0	0.00	32.103769	17.24		0.25	N/A	N/A		N/A
12/31/2022	2	0	0.52	27.381959	(14.13	)	0.25	N/A	N/A		N/A
12/31/2021	3	0	0.00	28.017470	9.80		0.90	33.531752	16.19		0.25
12/31/2020	3	0	3.77	25.517231	7.05		0.90	28.858879	7.76		0.25
12/31/2019	2	0	2.95	23.836075	20.48		0.90	26.781573	21.25		0.25
JNL/Mellon S&P 400 MidCap Index Fund - Class I
12/31/2023	2	0	0.00	66.890873	15.85		0.25	N/A	N/A		N/A
12/31/2022	2	0	0.00	57.738490	(13.47	)	0.25	N/A	N/A		N/A
12/31/2021	2	0	0.00	58.520787	23.42		0.90	70.185758	30.70		0.25
12/31/2020	2	0	0.00	47.414423	12.33		0.90	53.698994	13.03		0.25
12/31/2019	1	0	0.00	42.211242	24.75		0.90	47.509780	25.52		0.25
JNL/Mellon S&P 500 Index Fund - Class I
12/31/2023	59	1	0.00	48.890906	24.94		0.90	56.234624	25.75		0.25
12/31/2022	47	1	0.00	39.132582	(19.01	)	0.90	44.719677	(18.48	)	0.25
12/31/2021	58	1	0.00	48.315462	27.30		0.90	57.658934	34.67		0.25
12/31/2020	43	1	0.00	37.954347	17.05		0.90	42.813761	17.81		0.25
12/31/2019	108	3	1.72	32.425643	30.09		0.90	36.340185	30.93		0.25
JNL/Mellon Small Cap Index Fund - Class I
12/31/2023	1	0	0.00	55.930126	15.63		0.25	N/A	N/A		N/A
12/31/2022	1	0	0.00	48.368451	(16.56	)	0.25	N/A	N/A		N/A
12/31/2021	1	0	0.00	50.757170	25.34		0.90	60.895530	32.54		0.25
12/31/2020	0	0	0.00	40.495139	10.17		0.90	45.943726	10.94		0.25
12/31/2019	9	0	0.00	36.758565	21.48		0.90	41.412789	22.27		0.25
JNL/MFS Mid Cap Value Fund - Class I
12/31/2023	1	0	0.00	43.932277	12.38		0.25	N/A	N/A		N/A
12/31/2022	1	0	0.00	39.093203	(8.97	)	0.25	N/A	N/A		N/A
12/31/2021	1	0	0.00	38.778297	29.76		0.90	45.053636	37.06		0.25
12/31/2020	2	0	0.00	29.885331	3.20		0.90	32.871455	3.88		0.25
12/31/2019	8	0	0.00	28.959724	30.18		0.90	31.643149	31.03		0.25



*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total		Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†		Expenses(%)^
JNL/PPM America High Yield Bond Fund - Class I
12/31/2023	9	0	0.00	29.402941	12.09		0.90	34.685870	12.82		0.25
12/31/2022	8	0	0.00	26.231080	(12.23	)	0.90	30.745110	(11.65	)	0.25
12/31/2021	8	0	0.00	29.886440	5.15		0.90	36.934994	12.33		0.25
12/31/2020	11	0	0.00	28.423491	4.51		0.90	32.881289	5.19		0.25
12/31/2019	17	1	0.00	27.198140	13.89		0.90	31.259574	14.63		0.25
JNL/RAFI Multi-Factor U.S. Equity Fund - Class I
12/31/2023	282	7	0.00	40.444199	12.14		0.25	N/A	N/A		N/A
12/31/2022	255	7	0.00	36.066226	(7.98	)	0.25	N/A	N/A		N/A
12/31/2021	285	7	0.00	35.049915	25.62		0.90	40.922399	32.01		0.25
12/31/2020	253	8	0.00	27.900659	9.29		0.90	30.998456	10.00		0.25
12/31/2019+	366	13	2.90	25.528624	18.68		0.90	28.179284	19.46		0.25
JNL/T. Rowe Price Established Growth Fund - Class I
12/31/2023	16	0	0.00	151.319475	47.14		0.90	181.511349	48.09		0.25
12/31/2022	11	0	0.00	102.843343	(39.18	)	0.90	122.566923	(38.79	)	0.25
12/31/2021	16	0	0.00	169.103740	13.75		0.90	214.066096	22.40		0.25
12/31/2020	3	0	0.00	148.657951	36.27		0.90	174.890868	37.15		0.25
12/31/2019	4	0	0.00	109.094240	30.37		0.90	127.516482	31.21		0.25
JNL/T. Rowe Price Mid-Cap Growth Fund - Class I
12/31/2023	8	0	0.00	245.396446	20.02		0.25	N/A	N/A		N/A
12/31/2022	7	0	0.00	204.460882	(22.03	)	0.25	N/A	N/A		N/A
12/31/2021	8	0	0.00	220.153926	12.23		0.90	280.003134	20.68		0.25
12/31/2020	0	0	0.00	196.165785	22.82		0.90	232.023959	23.73		0.25
12/31/2019	1	0	0.00	159.714828	30.66		0.90	187.522918	31.47		0.25
JNL/T. Rowe Price Short-Term Bond Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	11.873627	(0.99	)	0.90	13.671875	3.64		0.25
12/31/2020	—	—	0.00	11.992147	3.34		0.90	13.191631	4.01		0.25
12/31/2019	—	—	0.00	11.604827	3.42		0.90	12.682862	4.10		0.25
JNL/T. Rowe Price Value Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	56.616756	28.76		0.90	68.630431	36.82		0.25
12/31/2020	—	—	0.00	43.970262	9.60		0.90	50.161643	10.32		0.25
12/31/2019	—	—	0.00	40.118165	25.39		0.90	45.470606	26.21		0.25
JNL/William Blair International Leaders Fund - Class I
12/31/2023	4	0	0.12	36.029055	12.99		0.25	N/A	N/A		N/A
12/31/2022	3	0	2.14	31.886287	(25.01	)	0.25	N/A	N/A		N/A
12/31/2021	4	0	1.28	35.772392	5.53		0.90	45.446659	13.53		0.25
12/31/2020	13	0	2.41	33.898696	13.12		0.90	40.028855	13.86		0.25
12/31/2019	12	0	2.04	29.966146	27.37		0.90	35.155939	28.20		0.25



+	On June 24, 2019, JNL/RAFI Multi-Factor U.S. Equity Fund completed the acquisition of JNL/MC JNL 5 Fund, a separate series in JNL Variable Fund LLC. JNL/MC JNL 5 Fund, is considered the accounting survivor for financial reporting purposes, and as a result, the Financial Highlights reflects activity of the funds formerly in JNL Variable Fund LLC for periods prior to June 24, 2019.
*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.

See Notes to the Financial Statements.


JNLNY Separate Account IV
Financial Highlights
December 31, 2023
	Investment Division Data			Highest Expense Ratio				Lowest Expense Ratio
	Net Assets	Units Outstanding	Investment Income	Unit	Total		Ratio of	Unit	Total		Ratio of
Year ended	(in thousands)($)¥	(in thousands)¥	Ratio(%)*	Value($)§	Return(%)†		Expenses(%)^	Value($)§	Return(%)†		Expenses(%)^
JNL/WMC Balanced Fund - Class I
12/31/2023	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2022	—	—	0.00	N/A	N/A		N/A	N/A	N/A		N/A
12/31/2021	—	—	0.00	82.698346	17.98		0.90	104.768943	26.93		0.25
12/31/2020	13	0	0.00	70.097458	7.68		0.90	82.541068	8.38		0.25
12/31/2019	12	0	0.00	65.097309	20.75		0.90	76.156956	21.54		0.25
JNL/WMC Global Real Estate Fund - Class I
12/31/2023	2	0	0.00	21.720046	9.62		0.25	N/A	N/A		N/A
12/31/2022	2	0	0.00	19.813953	(27.56	)	0.25	N/A	N/A		N/A
12/31/2021	3	0	0.00	24.560498	25.98		0.90	28.533127	32.27		0.25
12/31/2020	2	0	0.00	19.494804	(12.69	)	0.90	21.572030	(12.14	)	0.25
12/31/2019	3	0	0.00	22.328764	21.85		0.90	24.552346	22.62		0.25
JNL/WMC Government Money Market Fund - Class I
12/31/2023	0	0	3.92	17.161633	4.63		0.25	N/A	N/A		N/A
12/31/2022	0	0	1.87	16.401654	1.27		0.25	N/A	N/A		N/A
12/31/2021	0	0	0.00	13.619261	(0.86	)	0.90	17.304880	6.67		0.25
12/31/2020	0	0	0.00	13.737544	(0.59	)	0.90	16.222357	0.06		0.25
12/31/2019	0	0	0.00	13.818627	1.08		0.90	16.211879	1.74		0.25
JNL/WMC Value Fund - Class I
12/31/2023	0	0	0.00	72.567846	9.41		0.25	N/A	N/A		N/A
12/31/2022	0	0	0.00	66.324293	(4.68	)	0.25	N/A	N/A		N/A
12/31/2021	0	0	0.00	62.905210	26.22		0.90	72.836073	33.27		0.25
12/31/2020	0	0	0.00	49.836717	0.92		0.90	54.653245	1.58		0.25
12/31/2019	0	—	0.00	49.380653	26.71		0.90	53.801205	27.54		0.25



*	These amounts represent the dividends, excluding distributions of capital gains, received by the Investment Division from the underlying Fund for the period indicated divided by the average net assets for the period indicated. In some instances, the investment income ratio may be rounded to 0.00% even though the Investment Division received dividend income from the Underlying Fund. The investment income ratio for Investment Divisions initially funded during the period presented have not been annualized.
§	For an Investment Division where no contract owner allocated net premiums during the period, the unit value represents the amount at which a contract owner could contribute to that Investment Division as of the respective period end.
†	Total return for period indicated, includes changes in the value of the underlying Fund, and reflects deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units, inclusion of these expenses in the calculation would result in a reduction in the total return presented. See Note 3 in the Notes to Financial Statements for additional detail on expenses. Total return for current Investment Divisions with activity for a portion of the year is calculated based on the total return of the underlying Fund for the period less expenses that are charged directly to that Investment Division of the Separate Account. Total return is not annualized if the Investment Division was initially added and funded or if the Investment Division was closed during the year.
^	Annualized contract expense of Investment Divisions of the Separate Account, consist primarily of mortality and expense charges, for each period indicated. The ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Funds are excluded. If no contract owner elected to allocate net premiums to a specific Investment Division for the full period, the expense ratio or range of expense ratios represents the contractual expense ratio or range of expense ratios. Expense Ratios for the years ended 12/31/2022 and after include only contract expense levels that had units issued or outstanding during the reporting period. For contracts with only one expense ratio, the ratio is presented only under the Highest Expense Ratio.
¥	Some investments have a net asset and ending units outstanding balance of less than one thousand due to rounding it is displayed as a zero.

See Notes to the Financial Statements.

JNLNY Separate Account IV

Notes to Financial Statements

December 31, 2023

NOTE 1. Organization

Jackson National Life Insurance Company (“Jackson”) established JNLNY Separate Account IV (the “Separate Account”) on November 30, 1998. The Separate Account commenced operations on March 8, 2004, and is a unit investment trust registered with the Securities Exchange Commission (the “SEC”) under the Investment Company Act of 1940, as amended. The Separate Account is an Investment Company and follows accounting and reporting guidance under Financial Accounting Standards Board “FASB” Accounting Standards Codification (ASC) Topic 946 Financial Services – Investment Companies.

The Separate Account is a separate investment account of Jackson. Its assets legally belong to Jackson and the obligations under the contracts are the obligation of Jackson but are clearly identified and distinguished from Jackson's other assets and liabilities. The contract assets in the Separate Account are not chargeable with liabilities arising out of any other business Jackson may conduct.

The Separate Account receives and invests, based on the directions of the contract owners, net premiums for individual flexible premium variable annuity contracts issued by Jackson. The contracts can be purchased on a non-tax qualified basis or in connection with certain plans qualifying for favorable federal income tax treatment. The Separate Account currently contains thirty-nine (39) Investment Divisions as of December 31, 2023. These thirty-nine (39) Investment Divisions each invested in shares of the following mutual funds (each a "Fund" and collectively the “Funds”) as of and during the year ended December 31, 2023:


JNL^® Series Trust
JNL Multi-Manager Emerging Markets Equity Fund - Class I	JNL/Mellon Energy Sector Fund - Class I
JNL Multi-Manager Small Cap Growth Fund - Class I	JNL/Mellon Financial Sector Fund - Class I
JNL Multi-Manager Small Cap Value Fund - Class I	JNL/Mellon Healthcare Sector Fund - Class I
JNL/American Funds Balanced Fund - Class I	JNL/Mellon Information Technology Sector Fund - Class I
JNL/BlackRock Large Cap Select Growth Fund - Class I	JNL/Mellon International Index Fund - Class I
JNL/Causeway International Value Select Fund - Class I	JNL/Mellon S&P 400 MidCap Index Fund - Class I
JNL/DFA U.S. Core Equity Fund - Class I	JNL/Mellon S&P 500 Index Fund - Class I
JNL/DoubleLine Core Fixed Income Fund - Class I	JNL/Mellon Small Cap Index Fund - Class I
JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I	JNL/MFS Mid Cap Value Fund - Class I
JNL/Franklin Templeton Income Fund - Class I	JNL/PPM America High Yield Bond Fund - Class I
JNL/Goldman Sachs 4 Fund - Class A	JNL/RAFI Multi-Factor U.S. Equity Fund - Class I
JNL/Invesco Global Growth Fund - Class I	JNL/T. Rowe Price Established Growth Fund - Class I
JNL/Invesco Small Cap Growth Fund - Class I	JNL/T. Rowe Price Mid-Cap Growth Fund - Class I
JNL/JPMorgan MidCap Growth Fund - Class I	JNL/T. Rowe Price Short-Term Bond Fund - Class I
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I	JNL/T. Rowe Price Value Fund - Class I
JNL/JPMorgan U.S. Value Fund - Class I	JNL/William Blair International Leaders Fund - Class I
JNL/Mellon Bond Index Fund - Class I	JNL/WMC Balanced Fund - Class I
JNL/Mellon Communication Services Sector Fund - Class I	JNL/WMC Global Real Estate Fund - Class I
JNL/Mellon Consumer Discretionary Sector Fund - Class I	JNL/WMC Government Money Market Fund - Class I
	JNL/WMC Value Fund - Class I

JNAM serves as investment adviser for the Funds comprising the JNL Series Trust. JNAM is a wholly-owned subsidiary of Jackson and receives a fee for its services from each Fund.

The following Fund was sub-advised by an affiliate of Jackson during the year: JNL/PPM America High Yield Bond Fund.

The net assets are affected by the investment results of each underlying mutual fund, and contract transactions are affected by contract owner directions and certain contract expenses. The accompanying financial statements include only contract owners’ purchase payments pertaining to the variable portions of their contracts and exclude any purchase payments for fixed dollar benefits.

A contract owner may choose from a number of different underlying mutual fund options. The underlying mutual fund options are not available to the general public directly. The underlying mutual funds are available as investment options in variable life insurance policies or variable annuity contracts issued by life insurance companies or, in some cases, through participation in certain qualified pension or retirement plans.

Some of the underlying mutual funds have been established by investment advisers which manage publicly traded mutual funds having similar names and investment objectives. While some of the underlying mutual funds may be similar to, and may in fact be modeled after publicly traded mutual funds, the underlying mutual funds are not otherwise directly related to any publicly traded mutual fund. Consequently, the investment performance of publicly traded mutual funds and any corresponding underlying mutual funds may differ substantially.

A purchase payment could be presented as a negative equity transaction in the Statements of Changes in Net Assets if a prior period purchase payment is refunded to a contract owner due to a contract cancellation during the free look period, and /or if a gain is realized by the contract owner during the free look period.

JNLNY Separate Account IV

Notes to Financial Statements

December 31, 2023

JNAM allocates purchase payments to Investment Divisions as instructed by the contract owner. Shares of the Investment Divisions are purchased at Net Asset Value, then converted into accumulation units. Certain transactions may be subject to conditions imposed by the underlying mutual funds, as well as those set forth in the contract.

NOTE 2. Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Separate Account in the preparation of its financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”).

Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increase and decrease in net assets from operations during the reporting period. Actual results could differ from those estimates.

Investments. The average cost method is used in determining the cost of the shares sold on withdrawals by the Investment Divisions of the Separate Account. Investment transactions in the Funds are recorded on trade date for financial reporting purposes. Realized gain distributions and dividend income distributions received from the Funds are reinvested in additional shares of the Funds and are recorded as a gain or income to the Investment Divisions of the Separate Account on the ex-dividend date.

Federal Income Taxes. The operations of the Separate Account are taxed as part of the operations of Jackson, which is taxed as a “life insurance company” under the provisions of the Internal Revenue Code. Under current law, no federal income taxes are payable with respect to the Separate Account. Therefore, no federal income tax provision is required. Taxes are generally the responsibility of the contract owner upon termination or withdrawal.

Fair Value Measurement. As of December 31, 2023, all of the Separate Account’s Investment Divisions’ investment in each of the corresponding Funds are valued at the daily reported net asset value (“NAV”) of the applicable underlying Fund. Investments in the underlying Funds are categorized as Level 1 within FASB ASC Topic 820 fair value hierarchy. On each valuation date, the NAV of each corresponding Fund is generally determined once each day on which the New York Stock Exchange (“NYSE”) is open, at the close of the regular trading session of the NYSE (generally, 4:00 PM Eastern Time). The characterization of the underlying securities held by the Funds in accordance with FASB ASC Topic 820 differs from the characterization of the Separate Account’s Investment Divisions’ investment in the corresponding Funds. Although there can be no assurance, in general, the fair value of the investment is the amount the owner of such investment might reasonably expect to receive in an orderly transaction between market participants upon its current sale.

NOTE 3. Contract Charges

Under the term of the contracts, certain charges are allocated to the contract owner to compensate Jackson for providing the insurance benefits set forth in the contracts, administering the contracts, distributing the contracts, and assuming certain risks in connection with the contracts. These charges result in a reduction in contract unit value or redemptions of contract units.

Asset-based Charges. The following charges are assessed to the contract owner by a reduction in contract unit value:

Insurance Charges. Jackson deducts a daily contract charge from the net assets of the Separate Account equivalent to an annual rate of 0.90% in years 1 - 10, 0.25% for years 11 - 20, and 0.0% for years greater than 21 for the assumption of mortality and expense risks. The mortality risk assumed by Jackson is that the insured may receive benefits greater than those anticipated by Jackson. This charge is an expense of the Separate Account and is deducted daily from the net assets of the Separate Account. This is charged through the daily unit value calculation.

Transaction Charges. Contract premium payments are reflected net of the following charges paid:

Sales Charge. A basic sales charge is deducted from each premium payment received. This sales charge is not to exceed 6% of each premium in all years.

Premium Tax Charge. Some states and local governmental entities charge premium taxes or other similar taxes. Jackson pays these taxes and may make a deduction from the value of the contract for them. Premium taxes will not exceed 2.0% of the contract value. Currently, New York does not impose premium taxes.

Federal Tax Charge. A federal tax charge of 1.5% is deducted from each premium payment.

In addition to deductions for premium payments, cash value charges, if any, are assessed from the actual cash value of the contract. These charges are paid by redeeming units of the Separate Account held by the individual contract owner.

Cost of Insurance Charge. The cost of insurance varies with the amount of insurance, the insured’s age, sex, risk class, and duration of the contract.

Monthly Contract Charge. A monthly contract fee is assessed at $15 per month of contract years 1 - 3 and $7.50 per month thereafter.

Administrative Charge. An administrative charge of $0.07 per thousand of the specified death benefit (contract face value) will be assessed in the first 10 contract years and $0.01 per thousand thereafter.

JNLNY Separate Account IV

Notes to Financial Statements

December 31, 2023

Optional Rider Charges. Types of optional riders include the following: Terminal Illness Benefit Rider, Additional Death Benefit Coverage, Waiver of Monthly Deductions, Waiver of Specified Premium, Guaranteed Minimum Death Benefit, and Child Insurance Rider. For a full explanation of product optional riders, please refer to the products prospectus.

Contract Owner Charges. The following charges are assessed to the contract owner by redemption of contract units outstanding:

Transfer Charge. A transfer charge of $25 will apply to transfers made by contract owners between the Investment Divisions in excess of 15 transfers in a contract year. Contract year is defined as the succeeding twelve months from the contract issue date. Jackson may waive the transfer charge in connection with pre-authorized automatic transfer programs, or in those states where a lesser charge is required. This charge will be deducted from the amount transferred prior to the allocation to a different Investment Division.

Re-Underwriting Charge. If a transaction under a contract requires underwriting approval after the commencement date, a charge of $25 is deducted.

Illustration Charge. One personalized illustration is free of charge each contract year. A fee of $25 (to be paid separately) will be assessed for any additional illustration requests during the contract year.

Surrender Charges. During the first nine contract years, certain contracts include a provision for a charge upon the surrender, partial surrender or increase in the specified death benefit of the contract. The amount assessed under the contract terms, if any, depends upon the specified rate associated with the particular contract. The rate is determined based on a number of factors, including the insured’s age, sex, underwriting risk classification, and the contract year of surrender. The surrender charges are assessed by Jackson and withheld from the proceeds of withdrawals.

Premium Taxes. Some states and other governmental entities charge premium taxes or other similar taxes. Jackson pays these taxes and may make a deduction from the value of the contract for them. Premium taxes will not exceed 2.0% of the contract value. Currently, New York does not impose premium taxes.

NOTE 4. Related Party Transactions

Contract owners may, with certain restrictions, transfer their assets between the Separate Account and a fixed dollar contract (fixed account) maintained in the accounts of Jackson. These transfers are the result of the contract owner executing fund exchanges. Fund exchanges from the Separate Account to the fixed account are included in transfers between investment divisions, and fund exchanges from the fixed account to the Separate Account are included in purchase payments, as applicable, on the accompanying Statements of Changes in Net Assets.

NOTE 5. Subsequent Events

Management evaluated subsequent events for the Separate Account through the date the financial statements were issued, and has concluded there are no events that require financial statement disclosure or adjustments to the financial statements.

KPMG LLP

Aon Center Suite 5500

200 E. Randolph Street Chicago, IL 60601-6436

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Jackson National Life Insurance Company of New York and Contract Owners of JNLNY Separate Account IV:

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities of the Investment Divisions listed in the Appendix that comprise JNLNY Separate Account IV (the Separate Account), as of December 31, 2023, the related statements of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period then ended, and the related notes (collectively, the financial statements) and the financial highlights for each of the years or periods indicated therein. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each Investment Division as of December 31, 2023, the results of their operations for the year then ended, the changes in their net assets for each of the years in the two-year period then ended, and the financial highlights for each of the years or periods indicated therein, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Separate Account’s management. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Separate Account in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Such procedures also included confirmation of securities owned as of December 31, 2023, by correspondence with the transfer agent of the underlying mutual funds. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. We believe that our audits provide a reasonable basis for our opinion.

We have served as the auditor of one or more Jackson National Life Insurance Company’s Separate Accounts since 1999.

Chicago, Illinois March 28, 2024

KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with

KPMG International Limited, a private English company limited by guarantee.

Appendix


JNL Multi-Manager Emerging Markets Equity Fund - Class I
JNL Multi-Manager Small Cap Growth Fund - Class I
JNL Multi-Manager Small Cap Value Fund - Class I
JNL/American Funds Balanced Fund - Class I
JNL/BlackRock Large Cap Select Growth Fund - Class I
JNL/Causeway International Value Select Fund - Class I
JNL/DFA U.S. Core Equity Fund - Class I
JNL/DoubleLine Core Fixed Income Fund - Class I
JNL/Fidelity Institutional Asset Management Total Bond Fund - Class I
JNL/Franklin Templeton Income Fund - Class I
JNL/Goldman Sachs 4 Fund - Class A
JNL/Invesco Global Growth Fund - Class I
JNL/Invesco Small Cap Growth Fund - Class I
JNL/JPMorgan MidCap Growth Fund - Class I
JNL/JPMorgan U.S. Government & Quality Bond Fund - Class I
JNL/JPMorgan U.S. Value Fund - Class I
JNL/Mellon Bond Index Fund - Class I
JNL/Mellon Communication Services Sector Fund - Class I
JNL/Mellon Consumer Discretionary Sector Fund - Class I
JNL/Mellon Energy Sector Fund - Class I
JNL/Mellon Financial Sector Fund - Class I
JNL/Mellon Healthcare Sector Fund - Class I
JNL/Mellon Information Technology Sector Fund - Class I
JNL/Mellon International Index Fund - Class I
JNL/Mellon S&P 400 MidCap Index Fund - Class I
JNL/Mellon S&P 500 Index Fund - Class I
JNL/Mellon Small Cap Index Fund - Class I
JNL/MFS Mid Cap Value Fund - Class I
JNL/PPM America High Yield Bond Fund - Class I
JNL/RAFI Multi-Factor U.S. Equity Fund - Class I
JNL/T. Rowe Price Established Growth Fund - Class I
JNL/T. Rowe Price Mid-Cap Growth Fund - Class I
JNL/T. Rowe Price Short-Term Bond Fund - Class I
JNL/T. Rowe Price Value Fund - Class I
JNL/William Blair International Leaders Fund - Class I
JNL/WMC Balanced Fund - Class I
JNL/WMC Global Real Estate Fund - Class I
JNL/WMC Government Money Market Fund - Class I
JNL/WMC Value Fund - Class I

Jackson National Life Insurance

Company of New York

Statutory Financial Statements

For the years ended

December 31, 2023

Jackson National Life Insurance Company of New York

Index to Statutory Financial Statements

________________________________________________________________________________________________


Independent Auditors’ Report			3

Statutory Statements of Admitted Assets, Liabilities, Capital and Surplus as of December 31, 2023 and 2022			6

Statutory Statements of Operations for the years ended December 31, 2023, 2022, and 2021			7

Statutory Statements of Capital and Surplus for the years ended December 31, 2023, 2022, and 2021			8

Statutory Statements of Cash Flow for the years ended December 31, 2023, 2022, and 2021			10

Notes to Statutory Financial Statements			11

Supplemental Schedule of Selected Financial Data			42

Supplemental Investment Risks Interrogatories			45

Summary Investment Schedule			47

Reinsurance Risk Interrogatories			48

KPMG LLP

Aon Center

Suite 5500

200 E. Randolph Street

Chicago, IL 60601-6436

Independent Auditors' Report

The Audit, Compensation, and Risk Management Committee of the Board of Directors

Jackson National Life Insurance Company of New York:

Opinions

We have audited the financial statements of Jackson National Life Insurance Company of New York (the Company), which comprise the statutory statements of admitted assets, liabilities, capital and surplus as of December 31, 2023 and 2022, and the related statutory statements of operations, capital and surplus, and cash flow for each of the years in the three-year period ended December 31, 2023, and the related notes to the statutory financial statements.

Unmodified Opinion on Statutory Basis of Accounting

In our opinion, the accompanying financial statements present fairly, in all material respects, the admitted assets, liabilities, capital and surplus of the Company as of December 31, 2023 and 2022, and the results of its operations and its cash flow for each of the years in the three-year period ended December 31, 2023, in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services described in Note 2.

Adverse Opinion on U.S. Generally Accepted Accounting Principles

In our opinion, because of the significance of the matter discussed in the Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles section of our report, the financial statements do not present fairly, in accordance with U.S. generally accepted accounting principles, the financial position of the Company as of December 31, 2023 and 2022, or the results of its operations or its cash flows for the three-year period ended December 31, 2023.

Basis for Opinions

We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles

As described in Note 2 to the financial statements, the financial statements are prepared by the Company using accounting practices prescribed or permitted by the New York State Department of Financial Services, which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, the financial statements are not intended to be presented in accordance with U.S. generally accepted accounting principles. The effects on the financial statements of the variances between the statutory accounting practices described in Note 2 and U.S. generally accepted accounting principles, although not reasonably determinable, are presumed to be material and pervasive.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for one year after the date that the financial statements are issued.

Auditors’ Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:

● Exercise professional judgment and maintain professional skepticism throughout the audit.

● Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.

● Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Accordingly, no such opinion is expressed.

● Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.

● Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

Supplementary Information

Our audits were conducted for the purpose of forming an opinion on the financial statements as a whole. The supplementary information included in the Supplemental Schedule of Selected Financial Data, Supplemental Investment Risks Interrogatories, Summary Investment Schedule, and Reinsurance Risk Interrogatories is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the New York State Department of Financial Services. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audits of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with GAAS. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole.

/s/ KPMG LLP

Chicago, Illinois

April 1, 2024

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Statutory Statements of Admitted Assets, Liabilities, Capital and Surplus

(In thousands, except share information)


	December 31,
	2023		2022
Admitted Assets
Bonds	$	1,299,498	$	1,317,391
Cash and cash equivalents	30,770		56,849
Common stock - unaffiliated	708		807
Receivables for securities	496		384
Securities lending reinvested collateral assets	3,565		9,463
Policy loans	376		356
Total cash and invested assets	1,335,413		1,385,250
Investment income due and accrued	10,416		10,069
Income tax receivable from parent	—		1,740

Net deferred tax asset	20,652		—
Receivable from parent	11,273		2,031
Amounts due from reinsurers	160,598		152,924
Other admitted assets	100		180
Admitted disallowed IMR	10,892		—
Separate account assets	15,871,446		13,943,778
Total admitted assets	$	17,420,790	$	15,495,972

Liabilities, Capital and Surplus
Liabilities:
Aggregate reserves for life, accident and health and annuity contracts	$	627,158	$	729,135
Liability for deposit-type contracts	8,717		9,177
Policy and contract claims	14,167		20,366
Asset valuation reserve	12,138		10,872
General expenses and taxes due and accrued	4,024		3,577
Accrued transfers to separate accounts	(37,206)		(33,925)
Federal income tax	19,987		—
Payable to parent	165,531		192,033
Payable for securities lending	3,565		9,463
Other liabilities	11,201		8,368
Separate account liabilities	15,871,446		13,943,778
Total liabilities	16,700,728		14,892,844
Capital and Surplus:
Capital stock (par value $1.15 per share; 50,000 shares authorized;
12,000 shares issued and outstanding)	2,000		2,000
Gross paid-in and contributed surplus	503,859		503,859
Unassigned surplus	203,311		97,269
Special surplus funds	10,892		—
Total capital and surplus	720,062		603,128
Total liabilities, capital and surplus	$	17,420,790	$	15,495,972

See accompanying Notes to Statutory Financial Statements.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Statutory Statements of Operations

(In thousands)


	Years Ended December 31,
	2023		2022		2021
Income:
Premiums and annuity considerations	$	101,132	$	118,033	$	148,746
Fee income	38,391		38,092		39,113
Net investment income (net of expenses of $1,999 in 2023, $2,051 in 2022, and $1,901 in 2021)	47,067		43,248		44,749
Commissions and expense allowances on reinsurance ceded	120,145		132,682		148,285
Total other income	280		—		—
Total income	307,015		332,055		380,893
Benefits and other deductions:
Death benefits	53		323		125
Surrenders and annuity benefits	216,055		177,095		197,462
Interest and adjustments on policy funds and deposit-type contracts	(424)		(159)		147
Change in aggregate reserves	(101,977)		90,879		(36,469)
Commissions	109,260		122,762		147,847
General insurance expenses	25,060		25,324		16,228
Taxes, licenses and fees	1,221		1,008		1,216
Change in loading on deferred and uncollected premium	19		3		(47)
Net transfers to (from) separate accounts	(53,767)		(29,847)		4,330
Reinsurance on in-force business	(624)		(1,340)		(2,754)
Total benefits and other deductions	194,876		386,048		328,085
Gain (loss) from operations before federal income tax expense and net realized capital losses	112,139		(53,993)		52,808
Federal income tax expense (benefit)	20,594		(961)		4,426
Gain (loss) from operations before net realized capital losses	91,545		(53,032)		48,382
Net realized capital gains (losses), less capital gains tax benefit of nil in 2023, $137 in 2022, and tax expense of $5 in 2021, excluding tax benefit of $185 in 2023, $309 in 2022, and tax expense of $1,290 in 2021 transferred to the IMR	(428)		(909)		16
Net income (loss)	$	91,117	$	(53,941)	$	48,398

See accompanying Notes to Statutory Financial Statements.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Statutory Statements of Capital and Surplus

(In thousands)


			Surplus
	Capital		Gross paid-in		Special
	stock		and contributed		Funds		Unassigned		Total

Balances at December 31, 2020	$	2,000	$	494,697	$	—	$	111,066	$	607,763
Net income	—		—		—		48,398		48,398
Change in net unrealized capital gains and losses	—		—		—		(168)		(168)
Change in asset valuation reserve	—		—		—		(1,208)		(1,208)

Change in non-admitted assets	—		—		—		674		674
Paid-in surplus	—		9,162		—		—		9,162
Change in surplus as a result of reinsurance	—		—		—		(2,754)		(2,754)

Balances at December 31, 2021	2,000		503,859		—		156,008		661,867

Net loss	—		—		—		(53,941)		(53,941)
Change in net unrealized capital gains and losses	—		—		—		(98)		(98)
Change in asset valuation reserve	—		—		—		(898)		(898)

Change in non-admitted assets	—		—		—		(2,392)		(2,392)

Change in surplus as a result of reinsurance	—		—		—		(1,339)		(1,339)

Change in net deferred income tax	—		—		—		(71)		(71)

Balances at December 31, 2022	2,000		503,859		—		97,269		603,128

Net income	—		—		—		91,117		91,117
Change in net unrealized capital gains and losses	—		—		—		260		260
Change in asset valuation reserve			—		—		(1,266)		(1,266)
Change in non-admitted assets	—		—		—		6,726		6,726
Change in surplus as a result of reinsurance	—		—		—		(624)		(624)
Change in special surplus funds	—		—		10,892		(10,892)		—
Change in net deferred income tax	—		—		—		20,721		20,721

Balances at December 31, 2023	$	2,000	$	503,859	$	10,892	$	203,311	$	720,062

See accompanying Notes to Statutory Financial Statements.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Statutory Statements of Cash Flow

(In thousands)


	Years Ended December 31,
	2023		2022		2021
Cash from operations:
Operating receipts:
Premiums and annuity considerations	$	74,593	$	35,891	$	137,087
Net investment income	47,402		42,716		45,361
Other	162,453		170,987		203,931
Total cash received from operations	284,448		249,594		386,379
Operating disbursements:
Benefit payments	301,033		96,407		266,253
Commissions, general expenses and taxes	134,448		150,738		165,543
Net transfers to separate accounts	(123,440)		(118,658)		(9,424)
Federal income taxes	(1,318)		50		(186)
Total cash disbursed from operations	310,723		128,537		422,186
Net cash (used in) provided by operations	(26,275)		121,057		(35,807)

Cash from investments:
Proceeds from investments sold, matured, or repaid:
Bonds sold	28,457		34,207		74,590
Bond repayments, maturities, calls and redemptions	92,998		107,077		113,898
Total bonds	121,455		141,284		188,488
Miscellaneous	5,898		3		3
Total investment proceeds	127,353		141,287		188,491
Cost of investments acquired:
Bonds	108,606		244,161		200,636
Miscellaneous	112		8,943		903
Total investments acquired	108,718		253,104		201,539
Net (increase) decrease in policy loans	(20)		(7)		51
Net cash provided by (used in) investments	18,615		(111,824)		(12,997)

Cash from financing and miscellaneous sources:
Cash provided (applied):
Paid in surplus	—		—		9,162
Net deposits on deposit-type contracts	(6,171)		(5,299)		(9,696)
Other	(12,248)		6,996		(2,026)
Net cash (used in) provided by financing and miscellaneous sources	(18,419)		1,697		(2,560)

Net change in cash and cash equivalents	(26,079)		10,930		(51,364)

Cash and cash equivalents at beginning of year	56,849		45,919		97,283

Cash and cash equivalents at end of year	$	30,770	$	56,849	$	45,919

Cash flow information for non-cash transactions:
Transfer of debt securities for debt securities and/or equity securities	$	4,108	$	5,698	$	10,388
Non-cash financial assets transferred to parent	$	—	$	61,375	$	—

See accompanying Notes to Statutory Financial Statements.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Note 1 - Organization

Jackson National Life Insurance Company of New York (the “Company” or “Jackson-NY”) is wholly owned by Jackson National Life Insurance Company (“Jackson” or the “Parent”), a wholly owned subsidiary of Brooke Life Insurance Company (“Brooke Life”), which is wholly owned by the ultimate parent, Jackson Financial Inc. ("Jackson Financial"). Jackson-NY is licensed to sell group and individual annuity products (including immediate annuities, deferred fixed annuities, and variable annuities), guaranteed investment contracts ("GICs") and individual life insurance products, including variable universal life, in the states of New York, Delaware and Michigan. There is not substantial doubt about the Company’s ability to continue as a going concern.

Note 2 - Summary of Significant Accounting Policies

Basis of Presentation

The accompanying financial statements have been prepared in accordance with accounting practices prescribed or permitted by the New York State Department of Financial Services (“statutory”), which vary in some respects from U.S. generally accepted accounting principles (“GAAP”) and include the following:

1.the costs related to acquiring business, principally commissions, bonus interest on certain products and certain policy issue and underwriting costs, are charged to income in the year incurred and, thus, are not capitalized and amortized over the periods benefited;

2.future policy benefit reserves for life insurance are based on statutory mortality and interest requirements without the consideration of withdrawals;

3.the Commissioners’ Annuity Reserve Valuation Method (“CARVM”) expense allowance associated with statutory reserving practices for deferred variable annuities held in the separate accounts is reported in the general account as a negative liability;

4.assets must be included in the statement of admitted assets, liabilities, capital and surplus at “admitted asset value,” with “non-admitted assets” excluded through a charge to surplus;

5.an asset valuation reserve (“AVR”) is established by a direct charge to surplus to offset future potential credit related investment losses;

6.bonds are generally carried at amortized cost and, for investments carried at fair value, changes in investment valuations are recorded in surplus (under GAAP, these investments are generally carried at fair value, amortized cost for policy loans, with changes in valuation recorded in other comprehensive income);

7.current expected credit losses (“CECL”) on certain financial assets are not included herein, but are required for GAAP;

8.realized gains and losses, net of tax, resulting from changes in interest rates on fixed income investments are deferred in the interest maintenance reserve (“IMR”) and amortized into investment income over the approximate remaining life of the investment sold;

9.gains or losses resulting from market value adjustments (“MVA”) on policies and contracts backed by assets that are valued at book/adjusted carrying value are deferred in the IMR and amortized in a manner consistent with the determination of the MVA;

10.premiums for universal life and certain investment-type products are recognized as income, but are accounted for as deposits to policyholders' accounts under GAAP;

11.a net deferred tax asset (“DTA”), for the tax effect of timing differences between book and tax assets and liabilities, is only reported as an admitted asset to the extent that it is realizable within three years, and represents less than 15% of capital and surplus (adjusted to exclude any net DTAs, electronic data processing (“EDP”) equipment and operating system software and any net positive goodwill), subject to limits set by Statement of Statutory Accounting Principles (“SSAP”) No. 101, with the change in net DTA or liability being recorded directly to surplus;

12.reserve credits for reinsurance ceded are netted against the reserve liability, but are reported as assets under GAAP;

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

13.net after tax gains on reinsurance transactions comprised of contracts in force at the date of the transaction are excluded from net income and recorded directly to surplus, and amortized into income as earnings emerge from the business reinsured;

14.statements of cash flow are prepared under a prescribed format, which differs from the indirect format under GAAP; and

15.there is no presentation of comprehensive income.

The effects on the financial statements of the variances between the statutory accounting practices described above and US generally accepted accounting principles, although not reasonably determinable, are presumed to be material and pervasive.

Certain amounts in the 2022 and 2021 statutory financial statements have been reclassified to conform to the 2023 presentation.

The New York State Department of Financial Services (“NYDFS”) recognizes statutory accounting practices prescribed or permitted by the state of New York for determining and reporting the financial condition and results of operations of an insurance company, and for determining its solvency under New York Insurance Law. The NYDFS has adopted in its entirety, subject to certain conflicts and exceptions with New York Insurance Law, the National Association of Insurance Commissioners’ (“NAIC”) Accounting Practices and Procedures Manual (“NAIC SAP”).

A Continuous CARVM reserve basis is prescribed for New York domiciled companies. In NAIC SAP, the application of Curtate CARVM reserve valuation is required. The Company’s fixed annuity reserves are not valued under Curtate CARVM according to NAIC SAP, but rather, are valued under Continuous CARVM according to New York Insurance Law. If the application of Curtate CARVM reserve valuation were used, statutory capital and surplus would be increased by $254 thousand and $305 thousand as of December 31, 2023 and 2022, respectively. Additionally, net income would have decreased by $51 thousand, increased by $61 thousand, and decreased by $125 thousand for the years then ended December 31, 2023, 2022, and 2021, respectively.

Valuation Manual-21: Requirements for Principle-Based Reserves for Variable Annuities (“VM-21”) was amended and effective for NAIC SAP for 2020. New York state law incorporates VM-21 but also includes an additional floor calculation for purposes of defining minimum reserve standards. The Company’s reserves are not valued solely under VM-21 according to NAIC SAP, but rather, are valued with the additional floor calculation according to New York Insurance Law. If reserves were established according to NAIC SAP, statutory capital and surplus would be increased by $23.0 million and $27.7 million as of December 31, 2023 and 2022, respectively. Additionally, net income would be decreased by $4.7 million, increased by $1.9 million, and decreased by $0.8 million for the years then ended December 31, 2023, 2022, and 2021, respectively.

Valuation Manual-22: Maximum Valuation Interest Rates for Income Annuities (“VM-22”) was effective for NAIC SAP for 2018. New York state law did not reference the Valuation Manual for purposes of defining minimum reserve standards in calendar year 2018, did not require VM-22 for 2019, and adopted an adaptation of VM-22 beginning in 2020. Thus, reserves for payout business are not valued according to VM-22, but rather, are valued per New York regulation. If reserves were established according to NAIC SAP, statutory capital and surplus would be decreased by $239 thousand and increased by $1,233 thousand as of December 31, 2023 and 2022, respectively. Additionally, net income would be decreased by $1.5 million, increased by $1.6 million, and increased by $0.3 million for the years then ended December 31, 2023, 2022, and 2021, respectively.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Reconciliation to NAIC SAP

A reconciliation of the Company's net income and capital and surplus between NAIC SAP and practices prescribed or permitted by the state of New York is shown in the following tables (in thousands):


	Years Ended December 31,
	2023		2022		2021
Net income (loss), as stated herein	$	91,117	$	(53,941)	$	48,398
Adjustments - prescribed practices:
Continuous CARVM per New York basis	(26,253)		(23,021)		(20,221)
Curtate CARVM per NAIC SAP	(26,202)		(23,082)		(20,096)
Decrease (increase) in aggregate reserves to reflect curtate CARVM	(51)		61		(125)
VM-21 Reserve:
VA reserve per New York basis	(30,576)		27,511		(14,193)
VA reserve per NAIC SAP	(25,835)		25,638		(13,442)
Decrease (increase) in aggregate reserves to reflect VM-21	(4,741)		1,873		(751)
VM-22 Reserve:
IA reserve per New York basis	548		765		(555)
IA reserve per NAIC SAP	2,004		(855)		(885)
Decrease (increase) in aggregate reserves to reflect VM-22	(1,456)		1,620		330
Additional reserves under asset adequacy testing	—		—		—
Tax effect of prescribed practice adjustments	(16)		—		(69)
Net income (loss), NAIC SAP	$	84,853	$	(50,387)	$	47,783


	December 31,
	2023		2022
Statutory capital and surplus, as stated herein	$	720,061	$	603,128
Adjustments - prescribed practices:
Continuous CARVM per New York basis	310,232		336,485
Curtate CARVM per NAIC SAP	309,978		336,180
Decrease (increase) in aggregate reserves to reflect curtate CARVM	254		305
VM-21 Reserve:
VA reserve per New York basis	164,970		195,546
VA reserve per NAIC SAP	141,978		167,813
Decrease (increase) in aggregate reserves to reflect VM-21	22,992		27,733
VM-22 Reserve:
IA reserve per New York basis	67,903		67,355
IA reserve per NAIC SAP	68,223		66,219
Decrease (increase) in aggregate reserves to reflect VM-22	(320)		1,136
Additional reserves under asset adequacy testing	—		—
Tax effect of prescribed practice differences	81		97
Statutory capital and surplus, NAIC SAP	$	743,068	$	632,399

New and Pending Accounting Pronouncements

In August 2023, the NAIC adopted revisions to SSAP No. 26R - Bonds; SSAP No. 43R - Loan-Backed and Structured Securities; and other SSAPs (e.g., SSAP No. 21R - Other Admitted Assets, and SSAP No. 86 - Derivatives) to incorporate the principles-based bond definition into statutory accounting guidance and amend the accounting for certain asset-backed securities and investments not classified as bonds. In December 2023, SSAP No. 2R - Cash, Cash Equivalents, Drafts, and Short-Term Investments, was also revised to exclude certain securities from being reported as a cash equivalents or short-term investments. The amendments are effective January 1, 2025. The Company is currently in the process of evaluating the impact of the new guidance.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Estimates

The preparation of the accompanying financial statements and notes requires the use of estimates and assumptions about future events that affect the amounts reported in the financial statements and the accompanying notes. Significant estimates or assumptions, as further discussed in the notes, include: 1) valuation of investments, including fair values of securities deemed to be in an illiquid market and the determination of when an impairment is other-than-temporary; 2) assumptions used in calculating policy reserves and liabilities, including, but not limited to mortality rates, policyholder behavior, expenses, investment returns and policy crediting rates; 3) assumptions as to future earnings levels being sufficient to realize deferred tax benefits and whether or not certain deferred tax assets will reverse within three years; 4) estimates related to establishment of a liability for state guaranty fund assessments; and 5) assumptions and estimates associated with the Company’s tax positions which impact the amount of recognized tax benefits recorded by the Company, including an estimate of the dividends received deduction. These estimates and assumptions are based on management’s best estimates and judgments. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors as deemed appropriate. As facts and circumstances dictate, these estimates and assumptions may be adjusted. Since future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in estimates, including those resulting from continuing changes in the economic environment, will be reflected in the financial statements in the periods the estimates are changed.

Investments

Bonds, excluding loan-backed and structured securities, are stated at amortized cost except those with an NAIC designation of “6,” which are stated at the lower of amortized cost or fair value. Acquisition premiums and discounts are amortized into investment income through call or maturity dates using the effective interest method.

Jackson-NY recognizes an other-than-temporary impairment ("OTTI") for non-loan-backed securities when the Company does not expect full recovery of the amortized cost. These impairment losses are recognized in net realized capital losses for the full difference between fair value and amortized cost.

Loan-backed and structured securities, hereafter collectively referred to as “loan-backed securities,” are also stated at amortized cost except those with an NAIC carry rating of “6,” which are carried at the lower of amortized cost or fair value. The retrospective adjustment method is used to value loan-backed securities where the collection of all contractual cash flows is probable. For loan-backed securities where the collection of all contractual cash flows is not probable, the Company:

•Recognizes the accretable yield over the life of the loan-backed security as determined at the acquisition or transaction date;

•Continues to estimate cash flows expected to be collected at least quarterly; and

•Recognizes an other-than-temporary impairment loss if the loan-backed security is impaired (i.e., the fair value is less than the amortized cost basis) and if the Company does not expect to recover the entire amortized cost basis when compared to the present value of cash flows expected to be collected.

Investments are reduced to estimated fair value (discounted cash flows for loan-backed securities) for declines in value that are determined to be other-than-temporary. In determining whether an other-than-temporary impairment has occurred, the Company considers a security’s forecasted cash flows as well as the severity and duration of depressed fair values.

If the Company intends to sell an impaired loan-backed security or does not have the intent and ability to retain the impaired loan-backed security for a period of time sufficient to recover the amortized cost basis, an other-than-temporary impairment has occurred. In these situations, the other-than-temporary impairment loss recognized is the difference between the amortized cost basis and fair value. For loan-backed securities, the credit portion of the recognized loss is recorded to the AVR and the non-credit portion is recorded to the IMR. If the Company does not expect to recover the entire amortized cost basis when compared to the present value of cash flows expected to be collected, it cannot assert that it has the ability to recover the loan-backed security’s amortized cost basis even though it has no intent to sell and has the intent and ability to retain the loan-backed security. Therefore, an other-than-temporary impairment has occurred and a realized loss is recognized for the non-interest related decline, which is calculated as the difference between the loan-backed security’s amortized cost basis and the present value of cash flows expected to be collected.

For situations where an other-than-temporary impairment is recognized, the previous amortized cost basis less the other-than-temporary impairment recognized as a realized loss becomes the new amortized cost basis of the loan-backed security. The new amortized cost basis is not adjusted for subsequent recoveries in fair value. Therefore, the prospective adjustment method is used for periods subsequent to other-than-temporary impairment loss recognition.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Preferred stocks are stated at cost, except those with a NAIC Securities Valuation Office rating of “4” to “6,” which are reported at the lower of cost or fair value.

Common stocks are stated at fair value.

Cash and short-term investments, which primarily include high quality money market instruments, are carried at amortized cost. These investments have original maturities of twelve months or less, and are considered cash equivalents for reporting cash flow.

Policy loans are loans the Company issues to contract holders that use the cash surrender value of their life insurance policy or annuity contract as collateral. Policy loans are carried at the unpaid principal balances.

Realized capital gains and losses are recorded at the date of sale and are calculated on a specific cost identification basis.

Life and Annuity Reserves

Aggregate reserves for life insurance policies are based on statutory mortality and interest requirements without consideration for withdrawals. The mortality and interest assumptions currently used are based upon either the 1980 Commissioners’ Standard Ordinary (CSO) Table with 4.0% to 4.5% interest rates, the 2001 Commissioners’ Standard Ordinary (CSO) Table with 3.5% to 4.0% interest rates, or the 2017 Commissioners’ Standard Ordinary (CSO) Table with 3.0% to 4.0% interest rates.

Reserves for variable annuity products and related guarantees are determined using New York Regulation 213, which incorporates VM-21. Reserves are set equal to the stochastic reserve plus the additional standard projection amount, subject to additional floor calculations. The stochastic reserve calculation uses prudent estimate assumptions for items such as expenses, mortality and policyholder behavior, as well as “real world” stochastically generated equity and interest rate scenarios. The additional standard projection amount and standard scenario floor calculations are based on assumptions prescribed by the regulation. The option value floor for contracts issued on or after January 1, 2020 is based on the standard scenario prescribed assumptions, but using stochastically generated arbitrage free interest rates and equity return paths.

All other annuity reserves are established with an interest rate assumption ranging from 1.0% to 7.0% and are carried at the greater of surrender value or the greatest present value of the guaranteed benefits discounted at statutory valuation interest rates.

Interest Maintenance Reserve

The Company is required to maintain an IMR, which is a reserve for the net, after tax, accumulated unamortized realized gains and losses on sales of fixed income investments primarily attributable to changes in interest rates. Net realized gains and losses charged or credited to the IMR are amortized into investment income over the approximate remaining life of the investment sold using the grouped method.

Gains or losses resulting from MVA on policies and contracts backed by assets that are valued at book/adjusted carrying value are deferred in the IMR and amortized in a manner consistent with the determination of the MVA using the grouped method.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

The following table provides the adjusted capital and surplus as of the most recently filed statement, the amount of net negative (disallowed) IMR in aggregate and allocated between the general account, insulated separate account and non-insulated accounts, and the percentage of adjusted capital and surplus for which the admitted net negative (disallowed) IMR represents (in thousands):


Capital and surplus of most recently filed statement					$	708,010
Less:
Goodwill					—
EDP equipment and operating system software					—
Net deferred tax asset					—
Admitted net negative disallowed IMR					10,171
Adjusted capital & surplus					$	697,839

	Net negative (disallowed IMR)		Negative IMR admitted		Percentage of adjusted capital and surplus
General account	$	10,892	$	10,892	1.6		%
Insulated separate account	—		—		—		%
Non-insulated separate account	—		—		—		%
	$	10,892	$	10,892	1.6		%

Fixed income investments generating IMR losses comply with the Company's documented investment or liability management policies. Any deviation was either because of a temporary and transitory timing issue or related to a specific event that mechanically made the cause of IMR losses not reflective of reinvestment activities. Asset sales were not compelled by liquidity pressures.

Asset Valuation Reserve

The Company is required to maintain an AVR, which is computed in accordance with a formula prescribed by the NAIC and represents a provision for potential credit related investment losses. Changes in the AVR are recorded directly to surplus.

Revenue and Expense Recognition

Premiums for traditional life insurance are recognized as revenue when due. Annuity considerations are recognized as revenue when collected. Fee income is recognized as revenue when earned. Commission and expense allowances, which represent commission and expense reimbursements related to reinsurance ceded to other companies, are recognized as revenue when due. The CARVM allowance represents the excess of separate account contract values over statutory reserves for variable annuities and variable life contracts and is reported in accrued transfers to separate accounts. Benefits, claims and expenses (including the change in CARVM allowance) are recognized when incurred. Commissions, general expenses, and taxes, licenses and fees, including costs of acquiring new business, are charged to operations as incurred.

Investment Income

Income due and accrued on investments where collection is not likely has been excluded from net investment income. For the years ended December 31, 2023, 2022, and 2021, no investment income was excluded.

The following table provides the gross, nonadmitted and admitted amounts for interest income due and accrued (in thousands):


Interest Income Due and Accrued	Amount
1. Gross	$	10,416
2. Nonadmitted	$	—
3. Admitted	$	10,416

At both December 31, 2023 and December 31, 2022 the Company had nil aggregate deferred interest.

At December 31, 2023, 2022, and 2021, the Company had nil, nil, and $158 thousand cumulative amounts of paid-in-kind interest, respectively.

Federal Income Taxes

Federal income taxes are charged to operations based on current taxable income. Current year federal income tax expense is based on financial reporting income or loss adjusted for certain differences, which are the result of dissimilar financial reporting

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

and tax basis accounting methods, and the corporate alternative minimum tax. A net DTA, for the tax effect of timing differences between financial reporting and the tax basis of assets and liabilities, is allowed to be reported as an admitted asset only to the extent that it is realizable within three years up to 15% of capital and surplus (adjusted to exclude any net DTAs, EDP equipment and operating system software and any net positive goodwill), with the change in net deferred tax asset or liability being recorded directly to surplus. See Note 6 - Federal Income Taxes, for additional information on these accounting policies.

Non-admitted Assets

Certain assets designated as “non-admitted assets” (principally net DTAs not realizable within three years and agents’ debit balances) have been excluded from the statutory statements of admitted assets, liabilities, capital and surplus by a direct charge to surplus.

Separate Account Assets and Liabilities

The assets and liabilities associated with individual variable life and annuity contracts are segregated in non-guaranteed separate accounts. The Company receives fees for assuming mortality and certain expense risks and for providing guaranteed benefits under the variable annuity contracts. These fees are recorded as earned.

Subsequent Events

The Company has evaluated events through April 1, 2024, which is the date the financial statements were available to be issued.

Note 3 - Fair Value of Financial Instruments

Fair value measurements are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s view of market assumptions in the absence of observable market information. Jackson-NY utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. All financial assets and liabilities are required to be classified into one of the following categories:

Level 1 Observable inputs that reflect quoted prices for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date. Level 1 securities include government securities and exchange traded equity securities and derivative instruments.

Level 2 Observable inputs, other than quoted prices included in Level 1, for the asset or liability or prices for similar assets and liabilities. Most debt securities that are model priced using observable inputs are included in Level 2.

Level 3 Valuations that are derived from techniques in which one or more of the significant inputs are unobservable (including assumptions about risk). Level 3 includes less liquid securities such as certain highly structured or lower quality asset-backed securities. Because Level 3 fair values, by their nature, contain unobservable market inputs, considerable judgment may be used to determine the Level 3 fair values. Level 3 fair values represent the Company’s best estimate of an amount that could be realized in a current market exchange absent actual market exchanges.

In many situations, inputs used to measure the fair value of an asset or liability may fall into different levels of the fair value hierarchy. In these situations, the Company determines the level in which the fair value falls based upon the lowest level input that is significant to the determination of the fair value. As a result, both observable and unobservable inputs may be used in the determination of fair values that the Company has classified within Level 3.

The Company determines the fair values of certain financial assets and liabilities based on quoted market prices, where available. The Company may also determine fair value based on estimated future cash flows discounted at the appropriate current market rate. When appropriate, fair values reflect adjustments for counterparty credit quality, the Company’s credit standing, liquidity and risk margins on unobservable inputs.

Where quoted market prices are not available, fair value estimates are made at a point in time, based on relevant market data, as well as the best information about the individual financial instrument. At times, illiquid market conditions may result in inactive markets for certain of the Company’s financial instruments. In such instances, there may be no or limited observable market data for these assets and liabilities. Fair value estimates for financial instruments deemed to be in an illiquid market are based on judgments regarding current economic conditions, liquidity discounts, currency, credit and interest rate risks, loss experience

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

and other factors. These fair values are estimates and involve considerable uncertainty and variability as a result of the inputs selected and may differ significantly from the values that would have been used had an active market existed. As a result of market inactivity, such calculated fair value estimates may not be realizable in an immediate sale or settlement of the instrument. In addition, changes in the underlying assumptions used in the fair value measurement technique could significantly affect these fair value estimates.

The following is a discussion of the methodologies used to determine fair values of the financial instruments.

Bonds and Equity Securities

The fair values for bonds and equity securities are determined using information available from independent pricing services, broker-dealer quotes, or internally derived estimates. Priority is given to publicly available prices from independent sources, when available. Securities for which the independent pricing services do not provide a quotation are either submitted to independent broker-dealers for prices or priced internally. Typical inputs used by these three pricing methods include, but are not limited to, reported trades, benchmark yields, credit spreads, liquidity premiums, and/or estimated cash flows based on default and prepayment assumptions.

As a result of typical trading volumes and the lack of specific quoted market prices for most debt securities, independent pricing services will normally derive the security prices through recently reported trades for identical or similar securities, making adjustments as of the reporting date based upon available market observable information as outlined above. If there are no recently reported trades, the independent pricing services and broker-dealers may use matrix or pricing model processes to develop a security price where future cash flow expectations are developed based upon collateral performance and discounted at relevant market rates. Certain securities are priced using broker-dealer quotes, which may utilize proprietary inputs and models. Additionally, the majority of these quotes are non-binding and are classified as Level 3.

Included in the pricing of asset-backed securities are estimates of the rate of future prepayments of principal over the remaining life of the securities. Such estimates are derived based on the characteristics of the underlying structure and prepayment assumptions believed to be relevant for the underlying collateral. Actual prepayment experience may vary from these estimates.

Internally derived estimates may be used to develop a fair value for securities for which the Company is unable to obtain either a reliable price from an independent pricing service or a suitable broker-dealer quote. These fair value estimates may incorporate Level 2 and Level 3 inputs and are generally derived using expected future cash flows, discounted at market interest rates available from market sources based on the credit quality and duration of the instrument. For securities that may not be reliably priced using these internally developed pricing models, a fair value may be estimated using indicative market prices. These prices are indicative of an exit price, but the assumptions used to establish the fair value may not be observable or corroborated by market observable information and, therefore, represent Level 3 inputs.

The Company performs a monthly analysis on the prices and credit spreads received from third parties to ensure that the prices represent a reasonable estimate of the fair value. This process involves quantitative and qualitative analysis and is overseen by investment and accounting professionals. Examples of procedures performed include, but are not limited to, initial and ongoing review of third party pricing service methodologies, review of pricing statistics and trends, back testing recent trades and monitoring of trading volumes. In addition, the Company considers whether prices received from independent broker-dealers represent a reasonable estimate of fair value through the use of internal and external cash flow models, which are developed based on spreads and, when available, market indices. As a result of this analysis, if the Company determines there is a more appropriate fair value based upon the available market data, the price received from the third party may be adjusted accordingly.

For those securities that were internally valued at December 31, 2023 and 2022, the pricing model used by the Company utilizes current spread levels of similarly rated securities to determine the market discount rate for the security. Furthermore, appropriate risk premiums for illiquidity and non-performance are incorporated in the discount rate. Cash flows, as estimated by the Company using issuer-specific default statistics and prepayment assumptions, are discounted to determine an estimated fair value.

On an ongoing basis, the Company reviews the independent pricing services’ valuation methodologies and related inputs, and evaluates the various types of securities in its investment portfolio to determine an appropriate fair value hierarchy distribution based upon trading activity and the observability of market inputs. Based on the results of this evaluation, each price is classified into Level 1, 2, or 3. Most prices provided by independent pricing services, including are classified into Level 2 due to their use of market observable inputs.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

At December 31, 2023 and 2022, bonds valued internally, including matrix-priced securities, had book/adjusted carrying value of $192.5 million and $174.9 million, respectively, and an estimated fair value of $180.0 million and $156.2 million, respectively.

Policy Loans

Policy loans are funds provided to policyholders in return for a claim on the policies values and function like demand deposits which are redeemable upon repayment, death or surrender, and there is only one market price at which the transaction could be settled – the then current carrying value. The funds provided are limited to the cash surrender value of the underlying policy. The nature of policy loans is to have a negligible default risk as the loans are fully collateralized by the value of the policy. Policy loans do not have a stated maturity and the balances and accrued interest are repaid either by the policyholder or with proceeds from the policy. Due to the collateralized nature of policy loans and unpredictable timing of payments, the Company believes the carrying value of policy loans approximates fair value.

Separate Account Assets and Liabilities

Separate account assets are comprised of investments in mutual funds that transact regularly, but do not trade in active markets as they are not publicly available, and, are categorized as Level 2 assets. The values of separate account liabilities are set equal to the values of separate account assets.

Annuity Reserves

Fair values for immediate annuities, without mortality features, are derived by discounting the future estimated cash flows using current market interest rates for similar maturities. Fair values for deferred annuities are determined using projected future cash flows discounted at current market interest rates.

Payable for Securities Lending

The Company’s payable for securities lending is set equal to the cash collateral received. Due to the short-term nature of the loans, carrying value is a reasonable estimate of fair value and is classified as Level 2.

Fair Value Measurements at Reporting Date

The following tables provide information about the Company’s financial assets and liabilities that are carried at fair value by hierarchy levels (in thousands):


	December 31, 2023
							Net Asset
	Level 1		Level 2		Level 3		Value (NAV)		Total
Assets at fair value:
Common stock	$	—	$	708	$	—	$	—	$	708
Separate account assets	—		15,871,446		—		—		15,871,446
Total assets at fair value	$	—	$	15,872,154	$	—	$	—	$	15,872,154


	December 31, 2022
							Net Asset
	Level 1		Level 2		Level 3		Value (NAV)		Total
Assets at fair value:
Common stock	$	—	$	807	$	—	$	—	$	807
Separate account assets	—		13,943,778		—		—		13,943,778
Total assets at fair value	$	—	$	13,944,585	$	—	$	—	$	13,944,585

There were no Level 3 assets measured at fair value at December 31, 2023 or 2022.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Aggregate Fair Value of the Company’s Financial Instruments

The following tables detail the aggregate fair value of the Company’s financial instruments (in thousands):


December 31, 2023	Fair Value		Admitted Value		Level 1		Level 2		Level 3		NAV
Assets at fair value:
Bonds	$	1,212,620	$	1,299,498	$	7,488	$	1,201,971	$	3,161	$	—
Common stock	708		708		—		708		—		—
Cash and cash equivalents	30,770		30,770		30,770		—		—		—
Policy loans	376		376		—		—		376		—
Securities lending	3,565		3,565		3,565		—		—		—
Separate account assets	15,871,446		15,871,446		—		15,871,446		—		—
Total assets at fair value	$	17,119,485	$	17,206,363	$	41,823	$	17,074,125	$	3,537	$	—

Liabilities at fair value:
Reserves for life insurance and annuities (1)	$	152,676	$	606,397	$	—	$	—	$	152,676	$	—
Liability for deposit-type contracts	7,047		8,717		—		—		7,047		—
Payable for securities lending	3,565		3,565		—		3,565		—		—
Separate account liabilities	15,871,446		15,871,446		—		15,871,446		—		—
Total liabilities at fair value	$	16,034,734	$	16,490,125	$	—	$	15,875,011	$	159,723	$	—

(1) Annuity reserves represent only the components of deposits on investment contracts that are considered to be financial instruments.


December 31, 2022	Fair Value		Admitted Value		Level 1		Level 2		Level 3		NAV
Assets at fair value:
Bonds	$	1,187,049	$	1,317,391	$	7,301	$	1,179,748	$	—	$	—
Common stock	807		807		—		807		—		—
Cash and cash equivalents	56,849		56,849		56,849		—		—		—
Policy loans	356		356		—		—		356		—
Securities lending	9,463		9,463		9,463		—		—		—
Separate account assets	13,943,778		13,943,778		—		13,943,778		—		—
Total assets at fair value	$	15,198,302	$	15,328,644	$	73,613	$	15,124,333	$	356	$	—

Liabilities at fair value:
Reserves for life insurance and annuities (1)	$	368,361	$	859,152	$	—	$	—	$	368,361	$	—
Liability for deposit-type contracts	8,409		9,177		—		—		8,409		—
Payable for securities lending	9,463		9,463		—		9,463		—		—
Separate account liabilities	13,943,778		13,943,778		—		13,943,778		—		—
Total liabilities at fair value	$	14,330,011	$	14,821,570	$	—	$	13,953,241	$	376,770	$	—

(1) Annuity reserves represent only the components of deposits on investment contracts that are considered to be financial instruments.

There were no financial instruments for which it was not practicable to estimate fair value.

Note 4 - Investments

Investments are comprised primarily of debt securities, including publicly traded industrial, loan-backed, utility and government bonds. Loan-backed securities include mortgage-backed and other structured securities. The Company generates the majority of its general account deposits from interest-sensitive individual annuity contracts and life insurance products on which it has committed to pay a declared rate of interest. The Company's strategy of investing in fixed-income securities aims to ensure matching of the asset yield with the amounts credited to the interest-sensitive liabilities and to earn a stable return on its investments.

With the Company’s primarily fixed-rate securities portfolio, it is exposed to interest rate risk, which is the risk that interest rates will change and cause a change in the value of its investments. Additionally, changes in interest rates may cause certain interest-sensitive products to become uncompetitive or may cause disintermediation. The Company mitigates this risk by

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

charging fees for surrenders in early policy years, by offering products that transfer this risk to the purchaser and/or by attempting to match the maturity schedule of its assets with the expected payouts of its liabilities. To the extent that liabilities come due more quickly than assets mature, the Company could potentially have to borrow funds or sell assets prior to maturity and potentially recognize a gain or loss.

Debt Securities, Common and Preferred Stock

Debt securities consist of bonds and short-term investments. Cost or amortized cost, gross unrealized gains and losses, estimated fair value and book/adjusted carrying value of the Company's debt securities and unaffiliated equity investments are as follows (in thousands):


	Cost or		Gross		Gross		Estimated		Book/Adjusted
	Amortized		Unrealized		Unrealized		Fair		Carrying
December 31, 2023	Cost		Gains		Losses		Value		Value
Governments	$	9,382	$	—	$	478	$	8,904	$	9,382
Industrial and miscellaneous	1,059,294		3,304		75,677		986,921		1,059,294
Residential mortgage-backed	4,770		581		22		5,329		4,770
Commercial mortgage-backed	105,463		87		7,826		97,724		105,463
Other asset-backed	120,589		526		7,373		113,742		120,589
Total debt securities	1,299,498		4,498		91,376		1,212,620		1,299,498
Common and preferred stock	715		—		7		708		708
Total securities	$	1,300,213	$	4,498	$	91,383	$	1,213,328	$	1,300,206


	Cost or		Gross		Gross		Estimated		Book/Adjusted
	Amortized		Unrealized		Unrealized		Fair		Carrying
December 31, 2022	Cost		Gains		Losses		Value		Value
Governments	$	9,513	$	—	$	669	$	8,844	$	9,513
Industrial and miscellaneous	1,069,574		834		111,595		958,813		1,069,574
Residential mortgage-backed	5,297		759		27		6,029		5,297
Commercial mortgage-backed	122,744		7		10,383		112,368		122,744
Other asset-backed	110,263		127		9,395		100,995		110,263
Total debt securities	1,317,391		1,727		132,069		1,187,049		1,317,391
Common and preferred stock	1,143		—		336		807		807
Total securities	$	1,318,534	$	1,727	$	132,405	$	1,187,856	$	1,318,198

The amount of gross unrealized losses and the associated estimated fair value on debt securities and equity investments are as follows (in thousands):


	Less than 12 months				12 months or longer				Total
	Gross		Estimated		Gross		Estimated		Gross		Estimated
	Unrealized		Fair		Unrealized		Fair		Unrealized		Fair
December 31, 2023	Losses		Value		Losses		Value		Losses		Value
Governments	$	3	$	1,416	$	475	$	7,488	$	478	$	8,904
Industrial and miscellaneous	91		20,407		75,586		829,949		75,677		850,356
Residential mortgage-backed	6		1,987		16		491		22		2,478
Commercial mortgage-backed	4		3,986		7,822		87,682		7,826		91,668
Other asset-backed	55		10,311		7,318		61,938		7,373		72,249
Total debt securities	159		38,107		91,217		987,548		91,376		1,025,655
Common and preferred stock	7		708		—		—		7		708
Total temporarily impaired
securities	$	166	$	38,815	$	91,217	$	987,548	$	91,383	$	1,026,363

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________


	Less than 12 months				12 months or longer					Total
	Gross		Estimated		Gross		Estimated			Gross		Estimated
	Unrealized		Fair		Unrealized		Fair			Unrealized		Fair
December 31, 2022	Losses		Value		Losses		Value			Losses		Value
Governments	$	669	$	8,844	$	—	$	—		$	669	$	8,844
Industrial and miscellaneous	69,010		751,662		42,585		165,786			111,595		917,448
Residential mortgage-backed	27		1,157		—		6			27		1,163
Commercial mortgage-backed	9,632		106,215		751		2,155			10,383		108,370
Other asset-backed	5,845		60,711		3,550		25,874			9,395		86,585
Total debt securities	85,183		928,589		46,886		193,821			132,069		1,122,410
Common and preferred stock	336		807		—		—			336		807
Total temporarily impaired
securities	$	85,519	$	929,396	$	46,886	$	193,821	$—	$	132,405	$	1,123,217

Debt securities include investments in mortgage-backed securities which are collateralized by residential mortgage loans (“RMBS”) that are neither explicitly nor implicitly guaranteed by U.S. government agencies. The Company’s non-agency RMBS include investments in securities backed by prime, Alt-A, and subprime loans as follows (in thousands):


			Gross		Gross		Estimated		Book/Adjusted
	Amortized		Unrealized		Unrealized		Fair		Carrying
December 31, 2023	Cost		Gains		Losses		Value		Value

Prime	$	2,327	$	159	$	14	$	2,472	$	2,327
Alt-A	—		419		—		419		—
Subprime	1,566		—		2		1,564		1,566
Total non-agency RMBS	$	3,893	$	578	$	16	$	4,455	$	3,893

			Gross		Gross		Estimated		Book/Adjusted
	Amortized		Unrealized		Unrealized		Fair		Carrying
December 31, 2022	Cost		Gains		Losses		Value		Value

Prime	$	2,587	$	57	$	15	$	2,629	$	2,587
Alt-A	31		445		—		476		31
Subprime	1,554		253		—		1,807		1,554
Total non-agency RMBS	$	4,172	$	755	$	15	$	4,912	$	4,172

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

The Company defines its exposure to non-agency RMBS as follows. Prime loan-backed securities are collateralized by mortgage loans made to the highest rated borrowers. Alt-A loan-backed securities are collateralized by mortgage loans made to borrowers who lack credit documentation or necessary requirements to obtain prime borrower rates. Subprime loan-backed securities are collateralized by mortgage loans made to borrowers that have a FICO score of 660 or lower. 100% of the Company’s investments in Alt-A related mortgage-backed securities and 100% of the Company’s investments in subprime related mortgage-backed securities are rated investment grade by the NAIC.

Debt securities also include investments in securities which are collateralized by commercial mortgage loans (“CMBS”). The carrying value and estimated fair value of the Company’s investment in CMBS are $105.5 million and $97.7 million, respectively, at December 31, 2023. 100% of these investments are rated investment grade by the NAIC.

Of the total carrying value for bonds in an unrealized loss position at December 31, 2023, 99% were investment grade and 1% were below investment grade based on NAIC designation. Unrealized losses on bonds that were below investment grade comprised approximately 1% of the aggregate gross unrealized losses on debt securities.

Corporate bonds in an unrealized loss position were diversified across industries. As of December 31, 2023, the industries comprising the larger proportion of unrealized losses included financial services (16% of corporate gross unrealized losses) and utilities (10%). The largest unrealized loss related to a single corporate obligor was $1.0 million at December 31, 2023.

The amortized cost, gross unrealized gains and losses, estimated fair value and book/adjusted carrying value of debt securities at December 31, 2023, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities where securities can be called or pre-paid with or without early redemption penalties.


									Book/
			Gross		Gross		Estimated		Adjusted
	Amortized		Unrealized		Unrealized		Fair		Carrying
Maturity distribution	Cost		Gains		Losses		Value		Value

Due in 1 year or less	$	50,661	$	17	$	663	$	50,015	$	50,661
Due after 1 year through 5 years	485,548		657		18,785		467,420		485,548
Due after 5 years through 10 years	513,049		2,460		54,441		461,068		513,049
Due after 10 years through 20 years	13,421		152		1,928		11,645		13,421
Due after 20 years	5,997		18		338		5,677		5,997
Residential mortgage-backed	4,770		581		22		5,329		4,770
Commercial mortgage-backed	105,463		87		7,826		97,724		105,463
Other asset-backed	120,589		526		7,373		113,742		120,589
Total debt securities	$	1,299,498	$	4,498	$	91,376	$	1,212,620	$	1,299,498

Effective yields, which are used to calculate amortization, are adjusted periodically to reflect actual payments to date and anticipated future payments. Other than as discussed below for certain loan-backed securities, resultant adjustments to carrying values are included in investment income using the retrospective method. Prepayment assumptions for loan-backed securities were obtained from independent providers of broker-dealer estimates.

With regard to certain loan-backed securities that are deemed to be high-risk, meaning the Company might not recover substantially all of its recorded investment, changes in investment yields due to changes in estimated future cash flows are accounted for on a prospective basis. The book/adjusted carrying value of securities changing from the retrospective to the prospective methodology in 2023 and 2022 was nil and $1.6 million, respectively.

Debt securities are classified into six NAIC quality categories. These categories range from Class 1 (the highest) to Class 6 (the lowest). Performing securities are designated Classes 1 – 5. Securities in or near default are designated Class 6. Securities designated as Class 3, 4, 5, and 6 are non-investment grade securities. If a designation is not currently available from the NAIC, the Company’s investment advisor provides the designation. At December 31, 2023, the Company’s investment advisor provided the designation for debt securities with carrying value and estimated fair value of both $13.0 million. At December 31, 2022, the Company’s investment advisor did not provide the designation for carrying value and estimated fair value for debt securities

The NAIC approved guidance to adjust the ratings (NAIC 1 through NAIC 6) for CMBS, RMBS and certain asset-backed securities. For CMBS and RMBS, the guidance replaces nationally recognized statistical rating organizations (“NRSRO”)

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

ratings with a two-step process based upon the book and/or carrying values of each security and prices derived from models developed by an independent third party contracted by the NAIC. For certain asset-backed securities, the guidance replaces NRSRO ratings with a two-step process based upon the book and/or carrying values of each security and prices derived from generic models. This method acknowledges that securities which have a lower comparative carrying value would have a lower risk of further loss and, therefore, a higher rating.

The Company’s debt securities by NAIC designation are as follows at December 31, 2023 (in thousands):


			Gross		Gross		Estimated		Book/Adjusted
Quality category per	Amortized		Unrealized		Unrealized		Fair		Carrying
NAIC designation	Cost		Gains		Losses		Value		Value


Class 1	$	669,678	$	2,950	$	43,577	$	629,051	$	669,678
Class 2	608,106		1,347		46,918		562,535		608,106
Class 3	13,361		146		438		13,069		13,361
Class 4	7,661		50		341		7,370		7,661
Class 5	692		5		102		595		692
Class 6	—		—		—		—		—
Total debt securities	$	1,299,498	$	4,498	$	91,376	$	1,212,620	$	1,299,498

The book/adjusted carrying value and fair value of debt securities in default that were anticipated to be income producing when purchased were both nil at December 31, 2023 and 2022. There were no debt securities that were non-income producing for the 12 months preceding December 31, 2023 and 2022.

Debt securities with a book/adjusted carrying value of $0.5 million at both December 31, 2023 and 2022, were on deposit with the state of New York.

Other-Than-Temporary Impairment

The Company periodically reviews its debt securities and equities on a case-by-case basis to determine if any decline in fair value to below cost or amortized cost is other-than-temporary. Factors considered in determining whether a decline is other-than-temporary include the length of time a security has been in an unrealized loss position, the severity of the unrealized loss and the reasons for the decline in value and expectations for the amount and timing of a recovery in fair value, and the Company’s intent and ability not to sell a security prior to a recovery in fair value. If it is determined that a decline in fair value of an investment is temporary, an impairment loss is not recorded. If the decline is considered to be other-than-temporary, a realized loss is recorded in the statement of operations. The AVR is also charged for the realized loss, with an offsetting credit to unassigned surplus.

Securities the Company determines are underperforming or potential problem securities are subject to regular review. To facilitate the review, securities with significant declines in value, or where other objective criteria evidencing credit deterioration have been met, are included on a watch list. Among the criteria for securities to be included on a watch list are: credit deterioration that has led to a significant decline in fair value of the security; a significant covenant related to the security has been breached; or an issuer has filed or indicated a possibility of filing for bankruptcy, has missed or announced it intends to miss a scheduled interest or principal payment, or has experienced a specific material adverse change that may impair its creditworthiness.

In performing these reviews, the Company considers the relevant facts and circumstances relating to each investment and exercises considerable judgment in determining whether a security is other-than-temporarily impaired. Assessment factors include judgments about an obligor’s current and projected financial position, an issuer’s current and projected ability to service and repay its debt obligations, the existence of, and realizable value of, any collateral backing the obligations and the macro-economic and micro-economic outlooks for specific industries and issuers. This assessment may also involve assumptions regarding underlying collateral such as prepayment rates, default and recovery rates and third-party servicing capabilities.

Among the specific factors considered are whether the decline in fair value results from a change in the credit quality of the security itself, or from a downward movement in the market as a whole, and the likelihood of recovering the carrying value based on the near-term prospects of the issuer. Unrealized losses that are considered to be primarily the result of market conditions (e.g., minor increases in interest rates, temporary market illiquidity or volatility, or industry-related events) and where the Company also believes there exists a reasonable expectation for recovery in the near term are usually determined to

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

be temporary. To the extent that factors contributing to impairment losses recognized affect other investments, such investments are also reviewed for other-than-temporary impairment and losses are recorded when appropriate.

In addition to the review procedures described above, investments in asset-backed securities where market prices are depressed are subject to a review of their future estimated cash flows, including expected and stress case scenarios, to identify potential shortfalls in contractual payments. These estimated cash flows are developed using available performance indicators from the underlying assets including current and projected default or delinquency rates, levels of credit enhancement, current subordination levels, vintage, expected loss severity and other relevant characteristics. These estimates reflect a combination of data derived by third parties and internally developed assumptions. Where possible, this data is benchmarked against third-party sources.

Even in the case of severely depressed market values on asset-backed securities, the Company places significant reliance on the results of its cash flow testing and its lack of an intent to sell these securities until their fair values recover when reaching other-than-temporary impairment conclusions with regard to these securities. Other-than-temporary impairment charges are recorded on asset-backed securities when the Company forecasts a contractual payment shortfall.

For mortgage-backed securities, credit impairment is assessed using a cash flow model that estimates the cash flows on the underlying mortgages, using the security-specific collateral characteristics and transaction structure. The model estimates cash flows from the underlying mortgage loans and distributes those cash flows to various tranches of securities, considering the transaction structure and any subordination and credit enhancements existing in that structure. The cash flow model incorporates actual cash flows on the mortgage-backed securities through the current period and then projects the remaining cash flows using a number of assumptions, including prepayment speeds, default rates and loss severity.

Specifically for Prime and Alt-A RMBS, the assumed default percentage is dependent on the severity of delinquency status, with foreclosures and real estate owned receiving higher rates, but also includes the currently performing loans. As of December 31, 2023 and 2022, assumed default rates for delinquent loans ranged from 10% to 100%. At December 31, 2023 and 2022, assumed loss severities were applied to generate and analyze cash flows of each bond and ranged from 10% to 40% and 15% to 35%, respectively.

Management develops specific assumptions using available market data, including internal estimates and references to data published by rating agencies and other third-party sources. These estimates are extrapolated along a default timing curve to estimate the total lifetime pool default rate.

The Company currently intends to hold securities with unrealized losses not considered other-than-temporary until they mature or for sufficient time to recover the amortized cost. However, if there are changes in the specific facts and circumstances surrounding a security, or the outlook for its industry sector, the Company may sell the security and realize a loss.

There were no loan-backed securities with a recognized other-than-temporary impairment where the Company has either the intent to sell the securities or may be forced to sell the securities prior to a recovery in value as of the statement date.

In 2023, 2022, and 2021, the Company recognized other-than-temporary impairments of $437 thousand, $195 thousand, and nil, respectively. See Note 13 for detail regarding securities with recognized other-than-temporary impairment charges during 2023, where the Company has (or had at the quarterly reporting date) the intent and ability to hold the securities for sufficient time to recover the amortized cost.

The following table summarizes other-than-temporary impairment charges recorded for the years ended December 31, 2023, 2022, and 2021 (in thousands):


	2023		2022		2021
Residential mortgage-backed securities:
Prime	$	—	$	195	$	—
Industrial and miscellaneous	10		—		—
Common stock	427		—		—
Total other-than-temporary impairment charges	$	437	$	195	$	—

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Realized Gains and Losses on Investments

Net realized gains and losses on investments are as follows (in thousands):


	Years Ended December 31,
	2023		2022		2021
Sales of bonds:
Gross gains	$	172	$	462	$	3,008
Gross losses	(4,706)		(3,740)		(554)
Other assets	—		3		3
Other-than-temporary impairment losses	(437)		(195)		—
Net realized gains (losses)	$	(4,971)	$	(3,470)	$	2,457

Net gains (losses) allocated to AVR	$	(428)	$	(1,046)	$	21
Net gains (losses) allocated to IMR	(4,543)		(2,424)		2,436
Net realized gains (losses)	$	(4,971)	$	(3,470)	$	2,457

Net gains (losses) allocated to AVR	$	(428)	$	(1,046)	$	21
Tax benefit (expense)	—		137		(5)
Reported net realized gains (losses)	$	(428)	$	(909)	$	16

Loan-Backed and Structured Securities

The Company has no significant concentrations as defined in SSAP No. 27, Disclosure of Information about Financial Instruments with Off-Balance-Sheet Risk, Financial Instruments with Concentrations of Credit Risk and Disclosures about Fair Value of Financial Instruments, arising from its investment in loan-backed securities.

The following table summarizes loan-backed and structured securities in an unrealized loss position as of December 31, 2023 (in thousands):


	Total		<12 Months		12+ Months
Fair value	$	166,395	$	16,284	$	150,111
Unrealized loss	$	15,221	$	65	$	15,156

The carrying value and fair value of all loan-backed and structured securities, regardless of whether the security was in an unrealized loss position, were $230.8 million and $216.8 million, respectively, at December 31, 2023.

Securities Lending

The Company has entered into a securities lending agreement with an agent bank whereby blocks of securities are loaned to third parties, primarily major brokerage firms. As of December 31, 2023 and 2022, the estimated fair value of loaned securities was $3.4 million and $9.1 million, respectively. The agreement requires a minimum of 102 percent of the fair value of the loaned securities to be held as collateral, calculated on a daily basis. To further minimize the credit risks related to this program, the financial condition of the counterparties is monitored on a regular basis. At December 31, 2023 and 2022, unrestricted cash collateral received in the amount of $3.6 million and $9.5 million, respectively, was included in securities lending reinvested collateral assets of the Company. At December 31, 2023 and 2022, an offsetting liability for the overnight and continuous loan of $3.6 million and $9.5 million, respectively, is included in payable for securities lending on the accompanying Statutory Statements of Admitted Assets, Liabilities, Capital and Surplus.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Restricted Assets

At December 31, 2023, the Company has the following assets pledged to others as collateral or otherwise restricted (in thousands):


	Gross Restricted								Percentage
Restricted Asset Category	Total General Account		Total Prior Year		Increase/ (Decrease)		Total Current Year Admitted Restricted		Gross Restricted to Total Assets		Admitted Restricted to Total Admitted Assets
On deposit with state	$	499	$	499	$	—	$	499	0.00	%	0.00	%
Securities loaned for securities lending agreements	3,759		9,736		(5,977)		3,759		0.02	%	0.02	%
Total restricted assets	$	4,258	$	10,235	$	(5,977)	$	4,258	0.03	%	0.02	%

5GI Securities

The assignment of a 5GI designation to a debt security occurs when the necessary documentation for a full credit analysis does not exist but the security is current on all contractual payments and the Company expects the security to make full payment of all contractual principal and interest. At December 31, 2023 and 2022, the Company had no investments in debt securities with a 5GI designation.

Note 5 - Reinsurance

The Company cedes reinsurance to other insurance companies in order to limit losses from large exposures. However, if the reinsurer is unable to meet its obligations, the originating issuer of the coverage retains the liability. The Company reinsures certain of its risks to other reinsurers under a yearly renewable term, coinsurance or modified coinsurance basis. The Company regularly monitors the financial strength rating of its reinsurers.

The Company cedes 90% of the entire VA contract to its parent, Jackson, on a coinsurance basis (modified coinsurance for separate account liabilities). The agreement covers all existing and future issues of VA contracts issued by the Company. Premiums ceded to Jackson were $716.1 million, $980.1 million, and $1,320.3 million in 2023, 2022, and 2021, respectively. In second quarter 2022, the quarterly settlement due to Jackson totaled $107.2 million, which the Company settled by transferring $61.4 million of bonds and $45.8 million cash.

The Company cedes 100% of its guaranteed minimum income benefit on variable annuities to an unaffiliated third party. The reinsurance treaty contains certain maximum limits on annual benefits recoverable. Accordingly, the NYDFS has determined there is not sufficient risk transfer and thus does not permit the Company to record a reserve credit in the accompanying statutory financial statements.

The effect of reinsurance on premiums and benefits was as follows (in thousands):


	Years Ended December 31,
	2023		2022		2021
Direct premiums and annuity considerations	$	817,996	$	1,098,943	$	1,469,833
Reinsurance ceded	(716,864)		(980,910)		(1,321,087)
Total premiums and annuity considerations	$	101,132	$	118,033	$	148,746

Direct benefits to policyholders and beneficiaries	$	1,606,350	$	1,353,849	$	1,602,003
Reinsurance ceded	(1,390,242)		(1,176,431)		(1,404,416)
Total benefits to policyholders and beneficiaries	$	216,108	$	177,418	$	197,587

Policy reserves and liabilities are stated net of reinsurance ceded to other companies. Reserves ceded were $1,532.8 million and $1,956.6 million, including $1,531.4 million and $1,955.1 million ceded to Jackson at December 31, 2023 and 2022, respectively. At December 31, 2023 and 2022, the Company had $160.6 million and $152.9 million, respectively, due from reinsurers, of which $328.2 million and $334.4 million, respectively, related to reinsurance due from its Parent.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Note 6 - Federal Income Taxes

The Company is subject to federal income taxation as a life insurance company and files a consolidated federal income tax return with Brooke Life, Jackson, and Squire Reassurance Company II, Inc. The Company has entered into a written tax sharing agreement that is based on separate return calculations with benefits for credits and losses. The Company's portion of any Corporate Alternative Minimum Tax (“CAMT”) incurred or the benefit from CAMT credits is based on its share of the impact of CAMT for the consolidated group.

The Company is no longer subject to U.S. federal tax examinations by tax authorities for years prior to 2019. Tax years from 2019 to 2023 remain open under the statute of limitations.

Inflation Reduction Act

The Inflation Reduction Act (“IRA”), enacted on August 16, 2022, includes the CAMT, which was effective January 1, 2023. The Company is an applicable reporting entity that is part of a controlled group of corporations that is subject to the CAMT in 2023. At December 31, 2023 and 2022, the CAMT current tax was $20.7 million and nil, respectively. At December 31, 2023 and 2022, the CAMT had no impact on net capital and surplus. The CAMT was not applicable to the year ended December 31, 2021.

Net Deferred Tax Asset

The components of the net DTA at December 31 are as follows (in thousands):


	December 31, 2023						December 31, 2022						Change
	Ordinary		Capital		Total		Ordinary		Capital		Total		Ordinary		Capital		Total

Total Gross Deferred Tax Assets	$	61,414	$	91	$	61,505	$	53,099	$	71	$	53,170	$	8,315	$	20	$	8,335
Statutory valuation allowance	37,470		—		37,470		47,725		—		47,725		(10,255)		—		(10,255)
Adjusted gross DTA	23,944		91		24,035		5,374		71		5,445		18,570		20		18,590
DTA nonadmitted	—		—		—		—		—		—		—		—		—
Subtotal net admitted DTA	23,944		91		24,035		5,374		71		5,445		18,570		20		18,590
Deferred tax liabilities	(2,896)		(487)		(3,383)		(4,369)		(1,076)		(5,445)		1,473		589		2,062

Net admitted DTA	$	21,048	$	(396)	$	20,652	$	1,005	$	(1,005)	$	—	$	20,043	$	609	$	20,652

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Admission calculation components for SSAP No. 101 are as follows (in thousands):


		December 31, 2023						December 31, 2022						Change
		Ordinary		Capital		Total		Ordinary		Capital		Total		Ordinary		Capital		Total
(a)	Federal income taxes
	Paid in prior years
	recoverable through
	loss carrybacks	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
(b)	Adjusted gross DTA
	Expected to be realized
	after application of the
	threshold limitation
	(Lesser of (b)1 or
	(b)2 below)	20,652		—		20,652		—		—		—		20,652		—		20,652
	1. Adjusted gross DTA
	Expected to be realized
	following the balance
	sheet date					20,652						—						20,652
	2. Adjusted gross DTA
	Allowed per limitation
	threshold					104,911						90,469						14,442
(c)	Adjusted gross DTA
	(Excluding the amount
	of DTA from (a) and
	(b) above) offset by
	gross DTL	3,292		91		3,383		5,374		71		5,445		(2,082)		20		(2,062)
(d)	DTA admitted as the
	result of application of
	SSAP No. 101	$	23,944	$	91	$	24,035	$	5,374	$	71	$	5,445	$	18,570	$	20	$	18,590


	2023			2022
Ratio percentage used to determine recovery
period and threshold limitation amount	3,388.1		%	2,582.1		%

Amount of adjusted capital and surplus used to
determine recovery period and threshold
limitation amount (in thousands)	$	699,409		$	603,128

The impact of tax planning strategies was as follows (in thousands):


			December 31, 2023						December 31, 2022						Change
			Ordinary			Capital			Ordinary			Capital			Ordinary			Capital
Determination of Adjusted
Gross DTA and Net Admitted DTA, by
Tax Character as a Percentage
	1.	Adjusted gross DTAs	$	23,944		$	91		$	5,374		$	71		$	18,570		$	20
	2.	Percentage of adjusted gross DTAs by
		tax character attributable to the impact
		of tax planning strategies	0		%	0		%	0		%	0		%	0		%	0		%
	3.	Net admitted adjusted gross DTAs	$	23,944		$	91		$	5,374		$	71		$	18,570		$	20
	4.	Percentage of net admitted adjusted
		gross DTAs by tax character admitted
		because of the impact of tax planning
		strategies	86		%	0		%	0		%	0		%	86		%	0		%

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

At December 31, 2023 and December 31, 2022, the Company did not consider tax planning strategies for the determination of the amount of adjusted gross CAMT credit DTA. At December 31, 2023, the Company considered tax planning strategies in the determination of the amount of admitted CAMT Credit DTA which is 86% of the net admitted adjusted gross DTAs. At December 31, 2022, the Company did not have any CAMT Credit DTA to consider in the determination of the Admitted CAMT Credit DTA.

The Company's tax planning strategies do not include the use of reinsurance.

The main components of the deferred tax assets and deferred tax liabilities are as follows (in thousands):


	2023		2022		Change
Deferred tax assets resulting from book/tax differences in:
Ordinary:
Deferred acquisition costs	$	8,950	$	9,353	$	(403)
Deferred and uncollected premium	36		29		7
Insurance reserves	29,724		39,969		(10,245)
Deferred compensation	1,608		1,476		132
Guaranteed fund assessment liability	378		378		—
Net operating loss carryforward	—		588		(588)
Credit carryover	20,670		1,251		19,419
Other	48		55		(7)
Total ordinary gross and adjusted
gross deferred tax assets	61,414		53,099		8,315
Statutory valuation allowance adjustment	(37,470)		(47,725)		10,255
Deferred tax assets nonadmitted	—		—		—
Admitted ordinary gross deferred
tax assets per NAIC SAP	23,944		5,374		18,570

Capital:
Investments	90		—		90
Unrealized losses	1		71		(70)
Total capital gross and adjusted
gross deferred tax assets	91		71		20
Statutory valuation allowance adjustment	—		—		—
Deferred tax assets nonadmitted	—		—		—
Admitted capital gross deferred
tax assets per NAIC SAP	91		71		20
Total admitted deferred tax assets	24,035		5,445		18,590

Deferred tax liabilities resulting from book/tax differences in:
Ordinary:
Insurance reserves	2,862		4,357		(1,495)
Other	34		12		22
Total ordinary deferred tax liabilities	2,896		4,369		(1,473)
Total capital deferred tax liabilities	487		1,076		(589)
Total deferred tax liabilities	3,383		5,445		(2,062)

Total net admitted deferred tax asset	$	20,652	$	—	$	20,652

The application of SSAP No. 101, "Income Taxes for Accounting Guidance" requires a company to evaluate the recoverability of deferred tax assets and to establish a valuation allowance if necessary, to reduce the deferred tax asset to an amount which is more likely than not to be realized. Considerable judgment is required in determining whether a valuation allowance is necessary, and if so, the amount of such valuation allowance. In evaluating the need for a valuation allowance the Company considers many factors, including: (1) the nature of the deferred tax assets and liabilities; (2) whether they are ordinary or capital; (3) the timing of their reversal; (4) taxable income in prior carry back years as well as projected taxable earnings, exclusive of reversing temporary differences and carry forwards; (5) the length of time that carryovers can be utilized; (6) unique tax rules that would impact the utilization of the deferred tax assets; and, (7) any tax planning strategies that the

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Company would employ to avoid a tax benefit from expiring unused. Due to the uncertainty of realization, management believes it is not more likely than not that the deferred tax assets under the regular tax system, net of valuation allowances, will be realized. The Company has recorded a valuation allowance of $37.5 million and $47.7 million against the net deferred tax balance under the regular tax system as of December 31, 2023 and 2022, respectively. There have been no adjustments to gross deferred tax assets for CAMT credit carryforwards because of a change in circumstances that causes a change in judgement about their realizability. All reporting entities of the controlled group have made an accounting policy election to disregard the effect of the CAMT system in determining the valuation allowance for deferred tax assets under the regular tax system. There were no material modifications to the methodology used to project CAMT.

The change in net deferred income taxes is comprised of the following (this analysis is exclusive of the nonadmitted DTAs as the Change in Nonadmitted Assets is reported separately from the Change in Net Deferred Income Taxes in the Statutory Statements of Capital and Surplus) (in thousands):


	2023		2022		Change

Total deferred tax assets	$	61,505	$	53,170	$	8,335
Total deferred tax liabilities	(3,383)		(5,445)		2,062
Net deferred tax assets/liabilities	58,122		47,725		10,397
Statutory valuation allowance adjustment	(37,470)		(47,725)		10,255
Net DTA after statutory valuation allowance adjustment	20,652		—		20,652
Tax effect of unrealized (losses) gains	(1)		(71)		70
Statutory valuation allowance adjustment on unrealized	—		0		0
Change in net deferred income tax	$	20,651	$	(71)	$	20,722

There are no temporary differences for which deferred tax liabilities have not been recognized. Accordingly, there are no events that would cause unrecognized temporary differences to become taxable.

Taxes Incurred

Current income taxes incurred consist of the following major components (in thousands):


	2023		2022		2021
Operations
Federal taxes from operations	$	20,535	$	(1,719)	$	(432)
Foreign Tax Expense	—		—		—
Subtotal	20,535		(1,719)		(432)
Federal taxes on capital gains	(185)		(446)		1,295
Utilization of capital loss carry forwards	—		—		—
Other	59		758		4,858
Total Federal current taxes incurred	$	20,409	$	(1,407)	$	5,721

Federal current taxes incurred are reflected in the accompanying statements as follows (in thousands):


	2023		2022		2021

Federal current taxes incurred	$	20,594	$	(961)	$	4,426
Capital gains tax, excluding IMR taxes	—		(137)		5
Taxes transferred to IMR	(186)		(309)		1,290
Taxes on liability gains released from the IMR	1		—		—
Total federal current taxes incurred	$	20,409	(1,407)		$	5,721

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

A reconciliation of the more significant permanent book to tax differences and the related tax effects (at a 21% statutory rate) is as follows (in thousands):


	2023				2022				2021

Income before taxes	$	107,169			$	(57,463)			$	55,265

Income taxes at statutory rate	22,505		21	%	(12,067)		21	%	11,606		21	%
Dividends received deduction	(9,229)		(9)	%	(10,269)		18	%	(10,654)		(19)	%
Interest maintenance reserve	39		—	%	(83)		—	%	(120)		—	%
Gain on reinsurance	(131)		—	%	(281)		—	%	(578)		(1)	%
Impact of tax sharing agreement	—		—	%	—		—	%	9,162		17	%
Impact of uncertain tax position	—		—	%	—		—	%	(3,187)		(6)	%
Valuation allowance	(10,255)		(10)	%	22,853		(40)	%	2,683		5	%
Tax credits	(3,288)		(3)	%	(1,471)		3	%	(3,211)		(6)	%
Other	47		—	%	(18)		—	%	20		—	%
Total	$	(312)	(1)	%	$	(1,336)	2	%	$	5,721	11	%

Federal and foreign taxes incurred	$	20,594			$	(961)			$	4,426
Tax on capital losses	(185)				(446)				1,295
Change in net deferred taxes	(20,721)				71				—
Total statutory taxes	$	(312)			$	(1,336)			$	5,721

At December 31, 2023, the Company had no ordinary loss carryforwards. At December 31, 2022, the Company had an ordinary loss carryforward of $2.8 million originating from the 2022 tax year that may be carried forward indefinitely and used to offset up to 80% of taxable income in future periods. At December 31, 2023 and 2022, the Company had a foreign tax credit carryforward of $17.3 thousand and $1.3 million, respectively, that may be carried forward ten years. The company had no capital loss carryforwards.

The Company has no capital gains taxes paid in prior years that is available for recoupment.

The Company has no deposits under Internal Revenue Code Section 6603.

The Company does not believe that it is reasonably possible that the liability related to any federal or foreign tax loss contingencies will significantly increase within the next 12 months.

The Company does not owe any Repatriation Transition Tax (“RTT”) and has made no payment or expect to make any future payments to satisfy the RTT liability.

At December 31, 2023, the Company had an alternative minimum tax credit of $20.7 million originating from the 2023 tax year that may be carried forward indefinitely and was fully recognized as an admitted DTA. At December 31, 2022, the Company had no alternative minimum tax credits.

Note 7 - Capital, Surplus and Dividend Restrictions

The declaration of dividends which can be paid by the Company is regulated by New York Insurance Law. The Company must file a notice of its intention to declare a dividend and the amount thereof with the Superintendent at least thirty days in advance of any proposed dividend declaration. Dividends are only payable out of earned surplus. At December 31, 2023, the Company had $91.1 million of earned surplus available for dividends, compared to $60.1 million at December 31, 2022. No dividends were paid to Jackson in 2023, 2022, or 2021.

The NAIC has developed certain risk-based capital (“RBC”) requirements for life insurance companies. Under those requirements, compliance is determined by a ratio of a company’s total adjusted capital (“TAC”), calculated in a manner prescribed by the NAIC to its authorized control level RBC (“ACL RBC”), calculated in a manner prescribed by the NAIC. Companies below specific trigger points or ratios are classified within certain levels, each of which requires specified corrective action. The minimum level of TAC before corrective action commences is twice ACL RBC (“company action level RBC”). At both December 31, 2023 and 2022, the Company’s TAC was more than 1000% of the company action level RBC.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Note 8 - Life and Annuity Reserves

The Company waives deductions of deferred fractional premiums upon death of the insured and returns premiums paid and due beyond the date of death. Surrender values are not promised in excess of the legally computed reserves.

Extra premiums are charged for substandard lives for policies issued on such lives in addition to the standard gross premium. Mean reserves are calculated as the regular mean reserve for the plan plus one half of the extra premium charged for the year.

The Company had $1.9 million and $2.0 million of insurance in force for which the gross premiums were less than the net premiums, at December 31, 2023 and 2022, respectively, according to the valuation standard set by the state of New York.

At December 31, 2023 and 2022, 92.8% and 91.2%, respectively, of annuity reserves and deposit liabilities were subject to surrender charges of at least 5% or at market value in the event of discretionary withdrawal by policyholders.

The Company issues variable contracts through its separate accounts for which investment income and investment gains and losses accrue directly to, and investment risk is borne by, the contract holder (traditional variable annuities and life). The Company also issues variable annuity contracts through separate accounts where the Company contractually guarantees to the contract holder (variable contracts with guarantees) either a) return of no less than total deposits made to the contract adjusted for any partial withdrawals, or b) the highest contract value on a specified anniversary date adjusted for any withdrawals following the contract anniversary. These guarantees include benefits that are payable in the event of death (guaranteed minimum death benefit (“GMDB”)), at annuitization (guaranteed minimum income benefit (“GMIB”)), or upon depletion of funds (guaranteed minimum withdrawal benefits (“GMWB”)). The GMIB is 100% reinsured with an unaffiliated reinsurer, and 90% of the entire VA contract is reinsured with Jackson.

GMIB benefits are reinsured, subject to aggregate annual claim limits. Deductibles also apply on reinsurance of GMIB business issued since March 1, 2005. Due to the inability to economically reinsure or hedge new issues of the GMIB, the Company discontinued offering the benefit in 2009.

Account balances of contracts with guarantees were invested in variable separate accounts as follows (in thousands):


	December 31,
	2023		2022
Fund type:
Equity	$	11,555,292	$	9,803,805
Bond	1,415,663		1,379,670
Balanced	2,776,323		2,620,099
Money market	123,694		139,790
Total	$	15,870,972	$	13,943,364

Reserves for variable annuities and associated guarantees are calculated using New York Regulation 213, which incorporates VM-21. Total direct reserves associated with guaranteed benefits were $301.8 million and $463.6 million at December 31, 2023 and 2022, respectively.

The Company offered variable universal life insurance from 2004 through 2006. Amounts in force were immaterial at December 31, 2023 and there were no minimum guaranteed benefits on these policies. Reserves are calculated according to New York Regulation 147.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

An analysis of annuity reserves and deposit type contract liabilities by withdrawal characteristics is as follows (in thousands):


	December 31, 2023
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Individual Annuities:
Subject to discretionary withdrawal:
With market value adjustment	$	242,868	$	—	$	—	$	242,868	1.4	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	133,212		—		—		133,212		0.8	%
At fair value	—		—		15,532,810		15,532,810		90.6	%
At book value without market value
adjustment and with current
surrender charge less than 5%	1,169,054		—		—		1,169,054		6.8	%
Total subject to discretionary withdrawal	1,545,134		—		15,532,810		17,077,944		99.6	%
Not subject to discretionary withdrawal	40,317		—		21,275		61,592		0.4	%
Total gross	1,585,451		—		15,554,085		17,139,536		100.0	%
Reinsurance ceded	1,237,262		—		—		1,237,262
Total, net of reinsurance	$	348,189	$	—	$	15,554,085	$	15,902,274


	December 31, 2022
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Individual Annuities:
Subject to discretionary withdrawal:
With market value adjustment	$	242,583	$	—	$	—	$	242,583	1.6	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	160,547		—		—		160,547		1.0	%
At fair value	—		—		13,596,685		13,596,685		88.6	%
At book value without market value
adjustment and with current
surrender charge less than 5%	1,292,338		—		—		1,292,338		8.4	%
Total subject to discretionary withdrawal	1,695,468		—		13,596,685		15,292,153		99.6	%
Not subject to discretionary withdrawal	39,964		—		17,573		57,537		0.4	%
Total gross	1,735,432		—		13,614,258		15,349,690		100.0	%
Reinsurance ceded	1,366,226		—		—		1,366,226
Total, net of reinsurance	$	369,206	$	—	$	13,614,258	$	13,983,464

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________


	December 31, 2023
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Group Annuities:
Subject to discretionary withdrawal:
With market value adjustment	$	—	$	—	$	—	$	—	0.0	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	6		—		—		6		0.0	%
At fair value	—		—		—		—		0.0	%
At book value without market value
adjustment and with current
surrender charge less than 5%	130,130		—		—		130,130		95.2	%
Total subject to discretionary withdrawal	130,136		—		—		130,136		95.2	%
Not subject to discretionary withdrawal	6,597		—		—		6,597		4.8	%
Total gross	136,733		—		—		136,733		100.0	%
Reinsurance ceded	—		—		—		—
Total, net of reinsurance	$	136,733	$	—	$	—	$	136,733


	December 31, 2022
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Group Annuities:
Subject to discretionary withdrawal:
With market value adjustment	$	—	$	—	$	—	$	—	0.0	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	6		—		—		6		0.0	%
At fair value	—		—		—		—		0.0	%
At book value without market value
adjustment and with current
surrender charge less than 5%	150,979		—		—		150,979		95.8	%
Total subject to discretionary withdrawal	150,985		—		—		150,985		95.8	%
Not subject to discretionary withdrawal	6,671		—		—		6,671		4.2	%
Total gross	157,656		—		—		157,656		100.0	%
Reinsurance ceded	—		—		—		—
Total, net of reinsurance	$	157,656	$	—	$	—	$	157,656

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________


	December 31, 2023
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Deposit-type contracts:
Subject to discretionary withdrawal:
With market value adjustment	$	—	$	—	$	—	$	—	0.0	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	—		—		—		—		0.0	%
At fair value	—		—		4,235		4,235		16.6	%
At book value without market value
adjustment and with current
surrender charge less than 5%	—		—		—		—		0.0	%
Total subject to discretionary withdrawal	—		—		4,235		4,235		16.6	%
Not subject to discretionary withdrawal	21,268		—		—		21,268		83.4	%
Total gross	21,268		—		4,235		25,503		100.0	%
Reinsurance ceded	12,551		—		—		12,551
Total, net of reinsurance	$	8,717	$	—	$	4,235	$	12,952


	December 31, 2022
			Guaranteed		Nonguaranteed
	General		Separate		Separate				% of
	Account		Account		Account		Total		Total
Deposit-type contracts:
Subject to discretionary withdrawal:
With market value adjustment	$	—	$	—	$	—	$	—	0.0	%
At book value without market value adjustment and
adjustment and with current
surrender charge of 5% or more	—		—		—		—		0.0	%
At fair value	—		—		2,969		2,969		12.5	%
At book value without market value
adjustment and with current
surrender charge less than 5%	—		—		—		—		0.0	%
Total subject to discretionary withdrawal	—		—		2,969		2,969		12.5	%
Not subject to discretionary withdrawal	20,830		—		—		20,830		87.5	%
Total gross	20,830		—		2,969		23,799		100.0	%
Reinsurance ceded	11,653		—		—		11,653
Total, net of reinsurance	$	9,177	$	—	$	2,969	$	12,146

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Analysis of life reserves by withdrawal characteristics is as follows (in thousands):


	December 31, 2023
	General Account						Separate Account - Nonguaranteed
	Account Value		Cash Value		Reserve		Account Value		Cash Value		Reserve
Subject to discretionary withdrawal,
surrender values, or policy loans:
Term Policies with Cash Value	$	—	$	—	$	—	$	—	$	—	$	—
Universal Life	—		—		—		—		—		—
Universal Life with Secondary Guarantees	3,443		3,443		7,444		—		—		—
Indexed Universal Life	—		—		—		—		—		—
Indexed Universal Life with Secondary Guarantees	—		—		—		—		—		—
Indexed Life	—		—		—		—		—		—
Other Permanent Cash Value Life Insurance	—		—		4		—		—		—
Variable Life	—		—		—		—		—		—
Variable Universal Life	77		77		77		474		474		474
Miscellaneous Reserves	—		—		301,756		—		—		—
Not subject to discretionary withdrawal, or no cash values
Term Policies with Cash Value	XXX		XXX		1,762		XXX		XXX		—
Accidental Death Benefits	XXX		XXX		1		XXX		XXX		—
Disability - Active Lives	XXX		XXX		7		XXX		XXX		—
Disability - Disabled Lives	XXX		XXX		74		XXX		XXX		—
Miscellaneous Reserves	XXX		XXX		114,087		XXX		XXX		—
Total (gross: direct + assumed)	$	3,520	$	3,520	$	425,212	$	474	$	474	$	474
Reinsurance Ceded	459		459		282,977		—		$	—	—
Total (net)	$	3,061	$	3,061	$	142,235	$	474	$	474	$	474


	December 31, 2022
	General Account						Separate Account - Nonguaranteed
	Account Value		Cash Value		Reserve		Account Value		Cash Value		Reserve
Subject to discretionary withdrawal,
surrender values, or policy loans:
Term Policies with Cash Value	$	—	$	—	$	—	$	—	$	—	$	—
Universal Life	—		—		—		—		—		—
Universal Life with Secondary Guarantees	3,284		3,282		6,284		—		—		—
Indexed Universal Life	—		—		—		—		—		—
Indexed Universal Life with Secondary Guarantees	—		—		—		—		—		—
Indexed Life	—		—		—		—		—		—
Other Permanent Cash Value Life Insurance	—		—		4		—		—		—
Variable Life	—		—		—		—		—		—
Variable Universal Life	75		75		75		414		414		414
Miscellaneous Reserves	—		—		463,562		—		—		—
Not subject to discretionary withdrawal, or no cash values
Term Policies with Cash Value	XXX		XXX		1,945		XXX		XXX		—
Accidental Death Benefits	XXX		XXX		1		XXX		XXX		—
Disability - Active Lives	XXX		XXX		11		XXX		XXX		—
Disability - Disabled Lives	XXX		XXX		66		XXX		XXX		—
Miscellaneous Reserves	XXX		XXX		309,086		XXX		XXX		—
Total (gross: direct + assumed)	$	3,359	$	3,357	$	781,034	$	414	$	414	$	414
Reinsurance Ceded	444		443		578,760		—		—		—
Total (net)	$	2,915	$	2,914	$	202,274	$	414	$	414	$	414

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

At both December 31, 2023 and 2022, approximately 94% of the Company’s fixed interest rate annuity account values correspond to crediting rates that are at the minimum guaranteed interest rates. The following tables show the distribution of the fixed interest rate annuities’ account values within the presented ranges of minimum guaranteed interest rates at December 31 (in millions):


	2023

Minimum Guaranteed Interest Rate	At Guaranteed Minimum		1-50bps Above		51-150bps Above		150+bps Above		Total


Variable Annuities
0.0%-1.50%	$	—	$	11.3	$	0.6	$	—	$	11.9
1.51%-2.50%	165.3		—		—		—		165.3
>2.50%	1,135.8		—		—		5.7		1,141.5
Total	$	1,301.1	$	11.3	$	0.6	$	5.7	$	1,318.7

Fixed Annuities
0.0%-1.50%	$	5.9	$	7.9	$	14.2	$	0.6	$	28.6
1.51%-2.50%	26.3		1.4		1.2		—		28.9
>2.50%	212.8		50.7		0.6		—		264.1
Total	$	245.0	$	60.0	$	16.0	$	0.6	$	321.6

RILA
0.0%-1.50%	$	—	$	—	$	—	$	—	$	—
1.51%-2.50%	—		—		—		—		—
>2.50%	—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—


	2022

Minimum Guaranteed Interest Rate	At Guaranteed Minimum		1-50bps Above		51-150bps Above		150+bps Above		Total


Variable Annuities
0.0%-1.50%	$	961.8	$	15.7	$	1.0	$	4.4	$	982.9
1.51%-2.50%	191.5		—		—		—		191.5
>2.50%	299.1		—		—		—		299.1
Total	$	1,452.4	$	15.7	$	1.0	$	4.4	$	1,473.5

Fixed Annuities
0.0%-1.50%	$	7.3	$	10.3	$	15.1	$	—	$	32.7
1.51%-2.50%	33.9		1.7		1.3		—		36.9
>2.50%	215.1		62.8		1.1		—		279.0
Total	$	256.3	$	74.8	$	17.5	$	—	$	348.6

RILA
0.0%-1.50%	$	—	$	—	$	—	$	—	$	—
1.51%-2.50%	—		—		—		—		—
>2.50%	—		—		—		—		—
Total	$	—	$	—	$	—	$	—	$	—

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Deferred Premiums and Considerations

Deferred and uncollected life insurance premiums and annuity considerations as of December 31, 2023 were as follows (in thousands):



Type	Gross		Net of Loading
Industrial	$	—	$	—
Ordinary new business	(129,220)		(129,275)
Ordinary renewal	(36,040)		(36,156)

Group Life	—		—

Totals	$	(165,260)	$	(165,431)

Note 9 – Separate Accounts

Reserves of the non-guaranteed separate accounts are subject to discretionary withdrawal at fair value. Reserves for variable annuity contract guarantees are held in the general account. All assets of the separate accounts are carried at fair value.

A reconciliation of net transfers to separate accounts for the years ended December 31, 2023, 2022, and 2021 is as follows (in thousands):


	2023		2022		2021
Transfers as reported in the Summary of Operations of the Separate
Accounts Statement:
Transfers to separate accounts	$	76,871	$	78,973	$	143,368
Transfers from separate accounts	112,882		91,502		123,567
Net transfers to separate accounts	(36,011)		(12,529)		19,801
Reconciling adjustments:
Benefit fees and other differences	(17,756)		(17,318)		(15,471)
Transfers as reported in the accompanying Statements of Operations	$	(53,767)	$	(29,847)	$	4,330

The difference between the CARVM reserve and the fair value of assets is recognized as an expense allowance in the general account. The total CARVM allowance, net of reinsurance ceded, reduced the general account liability by $31.3 million and $32.6 million at December 31, 2023 and 2022, respectively.

The amount of risk charges paid by the separate account to the general account for the past five years as compensation for the risk taken by the general account are as follows (in thousands):


Year	Amount
2023	$	204,824
2022	199,196
2021	186,223
2020	161,449
2019	152,801

Premiums, considerations or deposits, net of reinsurance, totaled $65.0 million, $92.4 million, and $129.6 million for 2023, 2022, and 2021, respectively.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

Premiums, considerations, or deposits of separate accounts for 2023 are as follows (in thousands):

Nonindexed

Guarantee

Nonindexed

Nonguaranteed

Less than/equal

Guarantee

Separate

to 4%

More than 4%

Accounts

Total

Premiums, considerations or

deposits for year ended

December 31, 2023

—

64,970

Reserves in the separate accounts totaled $15,558.8 million and $13,617.6 million at December 31, 2023 and 2022, respectively.

Withdrawal characteristics of separate account reserves for 2023 are as follows (in thousands):


	Nonindexed
	Guarantee		Nonindexed		Nonguaranteed
	Less than/equal		Guarantee		Separate
	to 4%		More than 4%		Accounts		Total
For accounts with assets at:
Fair value	$	—	$	—	$	15,558,794	$	15,558,794
Amortized cost	—		—		—		—
Total reserves	$	—	$	—	$	15,558,794	$	15,558,794
By withdrawal characteristics:
With market value adjustment	$	—	$	—	$	—	$	—
At book value without market
value adjustment and with
current surrender charge of
5% or more	—		—		—		—
At fair value	$	—	$	—	$	15,537,519	$	15,537,519
At book value without market
value adjustment and with
current surrender charge less
than 5%	—		—		—		—
Subtotal	$	—	$	—	$	15,537,519	$	15,537,519
Not subject to discretionary
withdrawal	—		—		$	21,275	21,275
Total	$	—	$	—	$	15,558,794	$	15,558,794

At December 31, 2023, reserves for asset default risk in lieu of AVR was nil.

Note 10 - Employee Retirement Plans

The Company participates in a Parent sponsored defined contribution retirement plan covering substantially all associates. Effective January 1, 2020 eligible associates are immediately able to participate in the Company's matching contribution. To be eligible to participate in the Company’s contribution, an associate must have attained the age of 21, completed at least 1,000 hours of service in a 12-month period and passed their 12-month employment anniversary. In addition, the associate must be employed on the applicable January 1 or July 1 entry date. The Company’s annual contributions are based on a percentage of eligible compensation paid to participating associates during the year. In addition, the Company matches a participant’s elective contribution, up to 6 percent of eligible compensation, to the plan during the year. The Company’s expense related to this plan was $0.2 million for 2023, 2022, and 2021, respectively.

Jackson National Life Insurance Company of New York

(a wholly owned subsidiary of Jackson National Life Insurance Company)

Notes to Statutory Financial Statements

_____________________________________________________________________________________________________

The Company participates in a Parent sponsored non-qualified voluntary deferred compensation plan for certain associates of Jackson and certain affiliates. Additionally, the Company sponsors a non-qualified voluntary deferred compensation plan for certain agents, with the assets retained by Jackson under an administrative services agreement. At both December 31, 2023 and 2022, Jackson’s liability for the Company’s portion of such plans totaled nil. There were no expenses related to these plans for 2023, 2022, or 2021.

Note 11 – Other Related Party Transactions

The Company had a payable to Jackson of $165.5 million and $192.0 million at December 31, 2023 and 2022, respectively.

The Company’s investment portfolio is managed by PPM America, Inc. (“PPMA”), a registered investment advisor. PPM Holdings, Inc. ("PPMH"), is the holding company of PPMA, and is a wholly-owned subsidiary of Jackson Financial, Inc., which is the ultimate parent of Jackson-NY. The Company paid $2.0 million, $2.0 million, and $1.8 million to PPMA for investment advisory services in 2023, 2022, and 2021, respectively.

The Company has an administrative service agreement with its Parent, under which Jackson provides certain administrative services. The Company paid administrative fees of $22.8 million, $23.2 million, and $14.0 million in 2023, 2022, and 2021, respectively.

The Company has an administrative services agreement with Jackson National Life Distributors, LLC (“JNLD”), a subsidiary of Jackson, under which JNLD provides certain marketing services. Fees for these services paid to JNLD were $0.6 million, $0.6 million, and $0.7 million in 2023, 2022, and 2021, respectively.

The Company has a Master Repurchase Agreement with Jackson, which allows for repurchase agreement transactions between the companies. There were no such borrowings during 2023 and 2022. There was no outstanding balance as of both December 31, 2023 and 2022. Interest paid during 2023, and 2022, and 2021 was nil.

Note 12 – Contingent Liabilities

The Company has previously received regulatory inquiries on an industry-wide matter relating to claims settlement practices and compliance with unclaimed property laws. Any regulatory audits, related examination activity and internal reviews as a result of these inquiries may result in additional payments to beneficiaries, escheatment of funds deemed abandoned under state laws, administrative penalties and changes in the Company’s procedures for the identification of unreported claims and handling of escheatable property.

At December 31, 2023 and 2022, the Company had unfunded commitments related to debt securities of $5.0 million and nil, respectively.

Note 13 - Loan-Backed Securities’ Other-Than-Temporary-Impairments

The Company did not recognize any other-than-temporary impairments related loan-backed and structured securities in 2023. The Company has the intent and ability to hold the securities for sufficient time to recover the amortized cost.

Note 14 - Reconciliation to Annual Statement

As discussed in Note 5, the Company cedes 90% of the entire VA contract to its parent, Jackson. In 2023 and 2022, $(165.5) million and $(192.0) million, respectively were reported as an asset in the annual statement as uncollected premium. In accordance with SSAP 61, these were reported as payable to parent in the 2023 and 2022 audited financial statements. As a result, the annual statement admitted assets were lower by $165.5 million and $192.0 million, respectively, as compared to the audited financial statements.

Schedule 1

Additional Information

Jackson National Life Insurance Company of New York

Supplemental Schedule of Selected Financial Data

December 31, 2023


Investment income earned

U.S. government bonds	$	198,990
Bonds exempt from U.S. tax	—
Other bonds (unaffiliated)	46,331,037

Bonds of affiliates	—
Preferred stocks (unaffiliated)	—
Preferred stocks of affiliates	—
Common stocks (unaffiliated)	—
Common stocks of affiliates	—
Mortgage loans	—
Real estate	—
Contract loans	25,670
Cash and cash equivalents	2,605,893
Derivative instruments	—
Other invested assets	—
Aggregate write-ins for investment income	87,817
Total investment income	$	49,249,407

Real estate owned - book value less encumbrances	$	—

Mortgage loans by type - book value
Farm mortgages	$	—
Residential mortgages	—
Commercial mortgages	—
Total mortgage loans	$	—

Mortgage loans by standing - book value
Good standing	$	—
Good standing with restructured loans	$	—
Interest overdue more than 90 days, not in foreclosure	$	—
Foreclosure in process	$	—

Other long term assets - statement value	$	—

Contract loans	$	375,616

Bonds & stocks of parents, subsidiaries and affiliates - book value
Bonds	$	—
Preferred stocks	$	—
Common stocks	$	708,188

(Continued)

Schedule 1

Additional Information

Jackson National Life Insurance Company of New York

Supplemental Schedule of Selected Financial Data

December 31, 2023


Bonds and short-term investments by class and maturity:
Bonds by maturity - statement value
Due within one year or less	$	90,007,052
Over 1 year through 5 years	611,850,581
Over 5 years through 10 years	571,049,536
Over 10 years through 20 years	19,643,052
Over 20 years	6,947,908
Total by maturity	$	1,299,498,129

Bonds by class - statement value
Class 1	$	669,677,631
Class 2	608,105,893
Class 3	13,361,240
Class 4	7,661,439
Class 5	691,926
Class 6	—
Total by class	$	1,299,498,129

Total bonds publicly traded	$	776,473,318
Total bonds privately placed	$	523,024,811

Preferred stocks - statement value	$	—
Common stocks - market value	$	708,188
Short-term investments - book value	$	—
Options, caps and floors owned - statement value	$	—
Options, caps and floors written & in force - statement value	$	—
Collar, swap and forward agreements open - statement value	$	—
Futures contracts open - current value	$	—
Cash on deposit	$	(24,026,410)
Cash equivalents	$	54,796,520

Life insurance in force
Industrial	$	—
Ordinary	$	30,241,000
Credit life	$	—
Group life	$	—

Amount of accidental death benefits in force under ordinary policies	$	900,000

(Continued)

Schedule 1

Additional Information

Jackson National Life Insurance Company of New York

Supplemental Schedule of Selected Financial Data

December 31, 2023


Life insurance policies with disability provisions in force
Industrial	$	—
Ordinary	$	7,734,000
Credit life	$	—
Group life	$	—

Supplementary contracts in force:
Ordinary - not involving life contingencies-
Amount on deposit	$	—
Income payable	$	—

Ordinary - involving life contingencies-
Amount on deposit	$	—
Income payable	$	—

Group - not involving life contingencies-
Amount on deposit	$	—
Income payable	$	—

Group - involving life contingencies-
Amount on deposit	$	—
Income payable	$	—

Annuities:
Ordinary-
Immediate - amount of income payable	$	8,751,076
Deferred - fully paid account balance	$	103,579,481
Deferred - not fully paid - account balance	$	1,458,834,519

Group-
Amount of income payable	$	1,533,744
Fully paid account balance	$	130,205,734
Not fully paid - account balance	$	—

Accident and health insurance - premiums in force:
Ordinary	$	—
Group	$	—
Credit	$	—

Deposit funds and dividend accumulations:
Deposit funds - account balance	$	—
Dividend accumulations - account balance	$	—

See accompanying independent auditors' report.

Schedule 2

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK

Supplemental Investment Risks Interrogatories

December 31, 2023


1)	Total admitted assets (excluding Separate Accounts):				$	1,383,812,883

2)	10 largest exposures to a single issuer/borrower/investment (excluding US Government):

	Issuer	Category	Amount			Percentage
	ROBERT BOSCH FINANCE LLC	UNAFFILIATED FOREIGN SECURITIES	$	8,000,000		0.6	%
	DISCOVERY COMMUNICATIONS	UNAFFILIATED DOMESTIC SECURITIES	$	7,230,069		0.5	%
	AMERICAN EXPRESS	UNAFFILIATED DOMESTIC SECURITIES	$	7,204,779		0.5	%
	VOPAK NV	UNAFFILIATED FOREIGN SECURITIES	$	7,000,000		0.5	%
	DUKE ENERGY CAROLINAS	UNAFFILIATED DOMESTIC SECURITIES	$	6,992,455		0.5	%
	T-MOBILE USA	UNAFFILIATED DOMESTIC SECURITIES	$	6,684,010		0.5	%
	NATIONAL FOOTBALL LEAGUE	UNAFFILIATED DOMESTIC SECURITIES	$	6,613,945		0.5	%
	CHARLES SCHWAB	UNAFFILIATED DOMESTIC SECURITIES	$	6,537,833		0.5	%
	GLENCORE FUNDING	UNAFFILIATED DOMESTIC SECURITIES	$	6,469,718		0.5	%
	BP CAP MARKETS AMERICA	UNAFFILIATED DOMESTIC SECURITIES	$	6,344,578		0.5	%


3)	Amounts and percentages of total admitted assets held in bonds and preferred stocks by NAIC rating.
						Preferred
	Bonds	Amount		Percentage		Stocks	Amount		Percentage
	NAIC-1	$	669,677,631	48.4	%	P/RP-1	$	—	0.0	%
	NAIC-2	$	608,105,893	43.9	%	P/RP-2	$	—	0.0	%
	NAIC-3	$	13,361,240	1.0	%	P/RP-3	$	—	0.0	%
	NAIC-4	$	7,661,439	0.6	%	P/RP-4	$	—	0.0	%
	NAIC-5	$	691,629	0.1	%	P/RP-5	$	—	0.0	%
	NAIC-6	$	—	0.0	%	P/RP-6	$	—	0.0	%


4)	Assets held in foreign investments:
		Amount		Percentage
	Total admitted assets held in foreign investments	$	272,030,294	19.7	%
	Foreign-currency-denominated investments	$	—	0.0	%
	Insurance liabilities denominated in that same foreign currency	$	—	0.0	%


5)	Aggregate foreign investment exposure categorized by NAIC sovereign rating:
		Amount		Percentage
	Countries rated NAIC-1	$	269,303,648	19.5	%
	Countries rated NAIC-2	$	1,232,803	0.1	%
	Countries rated NAIC-3 or below	$	1,493,843	0.1	%


6)	Two largest foreign investment exposures in a single country, categorized by the country's NAIC sovereign rating:
		Amount		Percentage
	Countries rated NAIC-1:
	UNITED KINGDOM	$	54,640,710	3.9	%
	GERMANY	$	32,479,871	2.3	%
	Countries rated NAIC-2:
	MEXICO	$	981,608	0.1	%
	ITALY	$	251,195	0.0	%
	Countries rated NAIC-3 or below:
	BRAZIL	$	1,000,000	0.1	%
	SOUTH AFRICA	$	493,843	0.0	%

(Continued)

Schedule 2

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK

Supplemental Investment Risks Interrogatories

December 31, 2023


7)	There is no unhedged foreign currency exposure.
8)	There is no unhedged foreign currency exposure.
9)	There is no unhedged foreign currency exposure
10)	Ten largest foreign investment exposures in a single country, categorized by the country's NAIC sovereign rating:
	Issuer	NAIC Rating		Amount		Percentage
	ROBERT BOSCH FINANCE LLC		1	$	8,000,000	0.6	%
	VOPAK NV		2	$	7,000,000	0.5	%
	GLENCORE FUNDING		2	$	6,469,718	0.5	%
	NXP FUNDING		2	$	6,281,548	0.5	%
	BAT CAPITAL CORP		2	$	6,017,150	0.4	%
	ELLEVIO		2	$	6,000,000	0.4	%
	ANHEUSER-BUSCH		1	$	5,189,572	0.4	%
	AVOLON HOLDINGS FND		2	$	5,014,451	0.4	%
	VECTOR LIMITED		2	$	5,000,000	0.4	%
	AURIZON NETWORK PTY LTD		2	$	5,000,000	0.4	%


		Amount		Percentage
11)	Total admitted assets held in Canadian investments:	$	38,199,911	2.8	%

12)	There were no assets held in investments with contractual sales restrictions that exceeded 2.5% of the Company's total admitted assets.


13)			There were no assets held in equity interests that exceeded 2.5% of the Company’s total admitted assets.
14)			There were no assets held in nonaffiliated, privately placed equities, exceeding 2.5% of the Company’s total admitted assets.
15)			There were no assets held in general partnership interests that exceeded 2.5% of the Company’s total admitted assets.
16)			There were no admitted assets held in mortgage loans.
17)			There were no mortgage loan to value ratios as determined from the most current appraisal as of the annual statement date.
18)			There were no assets held in real estate that exceeded 2.5% of the Company's total admitted assets.
19)			There were no assets held in mezzanine real estate loans that exceeded 2.5% of the Company's total admitted assets.


20)			Amounts and percentages of total admitted assets subject to the following types of agreements:


	At year end				At end of each quarter
Agreement type	Amount		Percentage		1st Qtr		2nd Qtr		3rd Qtr
Securities lending	$	3,758,887	0.3	%	$	6,898,874	$	2,639,591	$	5,351,588
Repurchase	—		0.0	%	—		—		—
Reverse repurchase	—		0.0	%	—		—		—
Dollar repurchase	—		0.0	%	—		—		—
Dollar reverse repurchase	—		0.0	%	—		—		—


21)			There were no admitted assets for warrants not attached to other financial instruments, options, caps and floors.
22)			There were no admitted assets subject to potential exposure for collars, swaps and forwards.
23)			There were no admitted assets subject to potential exposure for futures contracts.

See accompanying independent auditors' report.

Schedule 3

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK

Summary Investment Schedule

December 31, 2023



		Gross Investment Holdings				Admitted Assets as Reported in the Annual Statement

	Investment Categories	Amount		Percentage		Amount			Securities Lending Reinvested Collateral Amount		Total (Col. 3 + 4) Amount		Percentage
Bonds:
	U.S. governments	$	8,020,887	0.601	%	$	8,020,887		$	—	$	8,020,887	0.601	%
	Foreign governments	—		—	%	—			—		—		—	%
	U.S. states, territories and possessions, guaranteed	1,418,897		0.106	%	1,418,897			—		1,418,897		0.106	%
	U.S. political subdivisions of states, territories and possessions guaranteed	—		—	%	—			—		—		—	%
	U.S. special revenue and special assessment obligations non-guaranteed	7,334,940		0.549	%	7,334,940			—		7,334,940		0.549	%
	Industrial and miscellaneous	1,282,723,405		96.055	%	1,282,723,405			—		1,282,723,405		96.055	%
	Hybrid securities	—		—	%	—			—		—		—	%
	Parent, subsidiaries and affiliates	—		—	%	—			—		—		—	%
	SVO identified funds	—		—	%	—			—		—		—	%
	Unaffiliated bank loans	—		—	%	—			—		—		—	%
Preferred Stocks:
	Industrial and misc (unaffiliated)	—		—	%	—			—		—		—	%
	Parent, subsidiaries and affiliates	—		—	%	—			—		—		—	%
Common Stocks:
	Industrial and miscellaneous Publicly traded (unaffiliated)	—		—	%	—			—		—		—	%
	Industrial and miscellaneous Other (unaffiliated)	708,188		0.053	%	708,188			—		708,188		0.053	%
	Parent, subsidiaries and affiliates Publicly traded	—		—	%	—			—		—		—	%
	Parent, subsidiaries and affiliates Other	—		—	%	—			—		—		—	%
	Mutual Funds	—		—	%	—			—		—		—	%
	Unit Investment trusts	—		—	%	—			—		—		—	%
	Closed-end funds	—		—	%	—			—		—		—	%
Cash, cash equivalents and short-term investments
	Cash	(24,026,410)		(1.799)	%	(24,026,410)			—		(24,026,410)		(1.799)	%
	Cash equivalents	54,796,520		4.103	%	54,796,520			3,565,134		58,361,654		4.370	%
Contract loans		375,616		0.028	%	375,616			—		375,616		0.028	%
Receivables for securities		496,341		0.037	%	496,341			—		496,341		0.037	%
Securities Lending		3,565,134		0.267	%	3,565,134			XXX		XXX		—	%
Other invested assets		—		—	%	—			—		—		—	%
		$	1,335,413,518	100.000	%	$	1,335,413,518	$	$	3,565,134	$	1,335,413,518	100.000	%

See accompanying independent auditors' report.

Schedule 4

JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK

Reinsurance Risk Interrogatories

December 31, 2023

Does the reporting entity have any reinsurance contracts subject to A-791 that include a provision, which limits the reinsurer's assumption of significant risks identified as in A-791?

Does the reporting entity have any reinsurance contracts not subject to A-791, for which reinsurance accounting was applied and includes a provision that limits the reinsurer's assumption risk?

Does the reporting entity have any reinsurance contracts that contain features described below which result in delays in payment in form or in fact:

Provisions which permit the reporting of losses, or settlements are made, less frequently than quarterly or payments due from the reinsurer are not made in cash within ninety days of the settlement date?

Payment schedule, accumulating retentions from multiple years or any features inherently designed to delay timing of the reimbursement to the ceding entity?

Does the reporting entity reflect a reinsurance accounting credit for any contracts not subject to Appendix A-791 and not yearly renewable term, which meet the risk transfer requirements of SSAP No. 61R for the following?

Assumption Reinsurance?

Non-proportional reinsurance, which does not result in significant surplus relief?

Does the reporting entity cede any risk which is not subject to A-791 and not yearly renewable term reinsurance, under any reinsurance contract during the period covered by the financial statement, and either:

Accounted for that contract as reinsurance under SAP and as a deposit under GAAP; or

Accounted for that contract as reinsurance under GAAP and as a deposit under SAP?

See accompanying independent auditors' report.