LIMRA: Registered Index-Linked Annuity Sales Break Quarterly Sales Record Again
December 01, 2023
December 01, 2023
WINDSOR, Connecticut, Dec. 1 -- LIMRA issued the following news release:
For the second consecutive quarter, registered index-linked annuity (RILA) products set a new sales record. RILA sales were $12.6 billion, up 19% year-over-year and 11% higher than the prior record-setting quarter, according to LIMRA's Third Quarter 2023 U.S. Retail Annuity Sales Survey.
"Despite the slight decline in the S&P in the third quarter (down 3.3%), the market remains up more tha . . .
For the second consecutive quarter, registered index-linked annuity (RILA) products set a new sales record. RILA sales were $12.6 billion, up 19% year-over-year and 11% higher than the prior record-setting quarter, according to LIMRA's Third Quarter 2023 U.S. Retail Annuity Sales Survey.
"Despite the slight decline in the S&P in the third quarter (down 3.3%), the market remains up more tha . . .