LIMRA: New U.S. Pension Risk Transfer Sales Posts Double-Digit Growth in First Quarter 2023
May 26, 2023
May 26, 2023
WINDSOR, Connecticut, May 26 (TNSres) -- LIMRA issued the following news release on May 25, 2023:
Total U.S. single premium pension risk transfer sales were $6.3 billion, up 19% from first quarter 2022 results. These are the highest first-quarter sales ever recorded, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey.
"Traditionally, first quarter sales tend to be sluggish. This year, buy-out sales posted strong results in both premium and volume, d . . .
Total U.S. single premium pension risk transfer sales were $6.3 billion, up 19% from first quarter 2022 results. These are the highest first-quarter sales ever recorded, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey.
"Traditionally, first quarter sales tend to be sluggish. This year, buy-out sales posted strong results in both premium and volume, d . . .