Another Record-Breaking Quarter for Annuity Sales
The first quarter of 2023 experienced the highest quarterly annuity sales ever recorded, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
Recent Variable Annuities News
2022 Annuity Sales Shatter Sales Record Set in 2008
Consumers seeking investment protection coupled with growth opportunity drive unprecedented sales, LIMRA reveals.
MYGA sales surpass all other annuities while variable sales plummet in Q2
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.
MYGA sales growth dominates among deferred annuities in 1Q 2022, Wink report finds
Latest sales report shows a 2.2% increase over 1Q 2021 deferred annuity sales.
Fixed, variable annuities post highest sales since 2008: IRI Report
Insured Retirement Institute report finds 2021 fixed and variable annuity sales increased by 12.3%.
Annuity Sales Spiked 16% in 2021
Secure Retirement Institute research says total annuity sales last year were highest since 2008.
Annuity sales poised for most growth among IBDs: Survey
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.
Annuity sales in Q3 up over last quarter but still lag last year’s pace
Secure Retirement Institute’s latest data shows third quarter total annuity sales were up 13% from Q2, but remain well below 2019 sales levels.
Pandemic contributes to 24% drop in Q2 annuity sales
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.
Pandemic, low interest rates combine to cripple Q2 annuity sales
Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.
Annuity sales forecast dark for 2020, brighter for 2021
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.