MYGA sales power 2Q, Wink reports, overcoming variable sales decline insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Total first-quarter sales for all deferred annuities were $59.7 billion, a solid increase over the same period last year, according to Wink’s Sales & Market Report.
Total 2021 deferred annuity sales of $243.6 billion represented a major bounceback year for the industry, according to new Wink’s Sales & Market Report data.
Third-quarter sales for all deferred annuities totaled $59.8 billion, a decrease of 7.1% compared to 2Q and an increase of 10.4% when compared to 3Q 2020, Wink reports.
Total second quarter sales for all deferred annuities were $64.4 billion, up more than 10% compared to the previous quarter and an increase of 40.4% when compared to the second quarter 2020.