LIMRA : Secure Retirement Institute - Fourth Quarter U.S. Single-Premium Pension Buy-Out Sales Jump 21%
March 03, 2021
March 03, 2021
WINDSOR, Connecticut, March 3 (TNSRes) -- LIMRA issued the following news release:
The U.S. single premium buy-out sales totaled $13.7 billion in the fourth quarter, up 21% from fourth quarter 2019, according to the Secure Retirement Institute(R) (SRI(R)) U.S. Group Annuity Risk Transfer Sales Survey.
In 2020, buy-out sales were $25 billion, down 10% from 2019 results due to sluggish sales in the second and third quarters.
"Historically, fourth quarter . . .
The U.S. single premium buy-out sales totaled $13.7 billion in the fourth quarter, up 21% from fourth quarter 2019, according to the Secure Retirement Institute(R) (SRI(R)) U.S. Group Annuity Risk Transfer Sales Survey.
In 2020, buy-out sales were $25 billion, down 10% from 2019 results due to sluggish sales in the second and third quarters.
"Historically, fourth quarter . . .