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.
2022 Annuity Sales Shatter Sales Record Set in 2008
Consumers seeking investment protection coupled with growth opportunity drive unprecedented sales, LIMRA reveals.
Industry groups push House to pass RILA bill
A group of five trade associations sent a letter to the leadership of the House Financial Services Committee today urging them to bring the Registration for Index Linked Annuities (RILA) Act to the House floor for a vote.
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.
Annuity Sales Spiked 16% in 2021
Secure Retirement Institute research says total annuity sales last year were highest since 2008.
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.