Total annuity sales reached $427 billion, with index and variable annuity product sales also accelerating for the year.
Overall, annuity sales are up 70 percent since 2014, Limra reports. No-frills fixed annuities with a three-year guaranteed interest rate — akin to a certificate of deposit (CD) — are offering ...
Total 2024 annuity sales raced to another record, according to Wink’s Sales & Market Report, even if the industry did close the year on a down note.
Jackson Financial is firing on all cyclinders with its annuities, but some analysts remain concerned about its Brooke Re reinsurer.
Retail annuity sales of $4.7 billion in the fourth quarter of 2024, up 42% from the fourth quarter of 2023 Variable annuity sales of $2.8 billion in the fourth quarter of 2024, up 27% from the ...
Annuity transactions on the rise. ABI statistics show annuity transactions reached a 10-year high in 2024 – recording the ...
Sales of annuities soared to a record $432.4 billion in 2024, according to life insurance trade group Limra. That marks a 12% increase from 2023 and the third year of record sales. In turn ...
The Investment and Savings Products (ISP) segment reported $3.3 billion in sales for Q4, marking a 41% year-over-year increase. This performance was driven by strong demand for variable annuities ...
Total Annuity Sales: $10 billion in 2024. Shield Level Annuities Sales: $7.7 billion, a 12% increase from 2023. Life Insurance Sales: $120 million, an 18% increase over 2023. Corporate Expenses ...
Sales of annuities soared to a record $432.4 billion in 2024, according to life insurance trade group Limra. That marks a 12% increase from 2023 and the third year of record sales. In turn ...