According to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey, total annuity sales increased 6% to $461.3 billion for the year. The survey represents 92% of the total U.S. annuity market.
Tag: annuity sales
LIMRA Predicts Steady Growth in Annuity Sales as Number of Retirees Expands
Despite the continued challenges resulting from the COVID-19 pandemic, the annuity industry rebounded strongly — with first quarter 2022 seeing total U.S. annuity sales increase 4% to $63.3 billion. LIMRA expects this momentum to continue through the next several years. “The outlook for rising interest rates and fairly level equity markets will have investors continuing… Continue reading LIMRA Predicts Steady Growth in Annuity Sales as Number of Retirees Expands
