LIMRA: Another Record-Breaking Quarter for U.S. Annuity Sales
May 03, 2023
May 03, 2023
WINDSOR, Connecticut, May 3 (TNSres) -- LIMRA issued the following news release:
Following record-high sales in 2022, total first quarter annuity sales were $92.9 billion, a 47% increase from the prior year. This represents the highest quarterly sales ever recorded, according to preliminary results from LIMRA's U.S. Individual Annuity Sales Survey.
"Market conditions continue to drive investor demand for annuities. Every major fixed annuity product line experienced . . .
Following record-high sales in 2022, total first quarter annuity sales were $92.9 billion, a 47% increase from the prior year. This represents the highest quarterly sales ever recorded, according to preliminary results from LIMRA's U.S. Individual Annuity Sales Survey.
"Market conditions continue to drive investor demand for annuities. Every major fixed annuity product line experienced . . .