LIMRA: 2022 Single Premium Buy-Out Sales Topple Prior Record
March 01, 2023
March 01, 2023
WINDSOR, Connecticut, March 1 (TNSres) -- LIMRA issued the following news release:
Total U.S. single premium buy-out sales were $48.3 billion in 2022, up 42% from 2021 results, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey. This marks the highest annual sales for single premium buy-out sales recorded in the U.S.
The number of single premium buy-out contracts also hit a record. In total, there were 562 buy-out contracts, 34% higher than the number of . . .
Total U.S. single premium buy-out sales were $48.3 billion in 2022, up 42% from 2021 results, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey. This marks the highest annual sales for single premium buy-out sales recorded in the U.S.
The number of single premium buy-out contracts also hit a record. In total, there were 562 buy-out contracts, 34% higher than the number of . . .