Expect solid growth for indexed annuities through 2023

New sales forecast from LIMRA’s Secure Retirement Institute predicts IA sales will continue to drive sales growth while variable annuities see further declines before rebounding in 2022.

First and foremost, consumers buy annuities to create retirement income

New LIMRA SRI study of annuity owners finds the top two reasons consumers buy annuities are to supplement Social Security/pension income and to receive guaranteed income payments for life. Two-thirds of pre-retirees say having enough money to last their lifetime is one of their top three goals of retirement.

All fixed annuity types see sales jump 20% in 2Q 2018

Upcoming edition of Wink’s Sales & Market Report for deferred non-variable and structured annuity sales shows 22% growth for indexed annuities compared to the first quarter of the year.

AIG takes top overall spot in annuity sales during record-breaking 2018

For the first time since 2007, AIG Companies has taken over as the top seller of annuities according to recently released data from the LIMRA Secure Retirement Institute.

FIAs smash sales record for second straight quarter, up 38% from 3Q 2017

Year-to-date, Fixed Indexed Annuity sales are 22% higher than the first three quarters of 2017. Variable annuity sales continue to rebound, increasing 25% from prior year according to 3Q sales report from LIMRA Secure Retirement Institute.

New leader quick to update IRI’s mission and vision

Annuity industry insider shares accomplishments at REACH event less than two months into his tenure, including unveiling a set of strategic priorities for 2019 and quarterly “town hall” conference calls.

Annuity sales fall 8% in 2017 due to economic and regulatory challenges

Variable annuity sales dip 9%, marking first time in 20 years that annual VA sales fell below $100 billion. Jackson National Life, New York Life and Allianz Life top sales in variable annuities, fixed annuities and indexed annuities, respectively.

Deferred annuity sales hang tough in Q1 despite effects of COVID-19

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.

Fixed annuity sales on the rise so far in 2018

Industry-wide annuity sales up slightly according to IRI’s First Quarter 2018 Annuity Sales Report.

6 big annuity carriers boost Envestnet Insurance Exchange platform launch

Independent advisors can gain access to robust selection of variable, structured, fixed and indexed annuities on single, integrated platform.