LIMRA: Strong Performances in Fixed Indexed and Fixed-Rate Deferred Annuities Drive Robust Overall Sales Results in Third Quarter 2023
October 26, 2023
October 26, 2023
WINDSOR, Connecticut, Oct. 26 -- LIMRA issued the following news release:
With economic conditions continuing to be favorable for annuities, total sales increased 11% year-over-year to $89.4 billion in the third quarter 2023, according to preliminary results from LIMRA's U.S. Individual Annuity Sales Survey.
"Equity markets rebounding in 2023 combined with a strong increase in interest rates has allowed insurance companies to add additional value in their annuity o . . .
With economic conditions continuing to be favorable for annuities, total sales increased 11% year-over-year to $89.4 billion in the third quarter 2023, according to preliminary results from LIMRA's U.S. Individual Annuity Sales Survey.
"Equity markets rebounding in 2023 combined with a strong increase in interest rates has allowed insurance companies to add additional value in their annuity o . . .