LIMRA: Record-high sales of Registered Index-Linked and Fixed Indexed Annuities drive overall sales growth
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.
Consumers seeking investment protection coupled with growth opportunity drive unprecedented sales, LIMRA reveals.
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%.
Secure Retirement Institute research says total annuity sales last year were highest since 2008.
Results of strategic review initiated by activist investor mean big changes for Des Moines-based global financial company, which will now focus on its higher-growth businesses in effort to make it a more capital-efficient company.
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.