Tuesday - November 26, 2024
LIMRA: U.S. Pension Risk Transfer Sales Jump 31% in Second Quarter 2023
August 24, 2023
WINDSOR, Connecticut, Aug. 24 (TNSres) -- LIMRA issued the following news release:

Total U.S. pension risk transfer (PRT) sales were $16.2 billion in the second quarter, a 31% increase from the prior year. This marks the highest second quarter sales results ever recorded, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey.

In the first six months of 2023, PRT sales totaled $22.5 billion, a 28% increase from the same period in 2022.

"Rec . . .

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