Annuities keep overcoming disruptions while pushing pandemic sales to greater heights. What will the rest of 2022 (and beyond) look like as interest rates, inflation and possibly wealth taxes combine to alter the market?
Fixed indexed annuity sales were $16.3 billion, 21% higher than prior year. Fixed-rate deferred annuity sales increased 10% in the first quarter, year-over-year to $16 billion.
Total 2021 annuity sales were $254.8 billion, the highest annual annuity sales since 2008, according to preliminary results from the Secure Retirement Institute U.S. Individual Annuity Sales Survey.
2Q Annuity Sales Highest In Nearly 13 Years, LIMRA Reports 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.