Recent Variable Annuities News
Wink’s 100th Sales & Market Report shows total second quarter sales for all categories of deferred annuities increased 12.8% compared to the same period last year.
Latest sales report shows a 2.2% increase over 1Q 2021 deferred annuity sales.
Insured Retirement Institute report finds 2021 fixed and variable annuity sales increased by 12.3%.
Insurers believe the independent broker-dealer channel is the most likely to see growing annuity sales in the next few years, a recent survey finds.
Secure Retirement Institute’s latest data shows third quarter total annuity sales were up 13% from Q2, but remain well below 2019 sales levels.
Through first six months of 2020, total annuity sales were $104.4 billion, 16% lower than prior year, with fixed indexed annuities falling to lowest quarterly total since 2015.
Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.
Wink’s Sales & Market Report finds total deferred annuity sales only declined slightly in the first quarter of the year in spite of the coronavirus pandemic.