LIMRA: U.S. Annuity Sales Jump 26% in Second Quarter 2024, Fueled by Record FIA and RILA Sales
August 29, 2024
August 29, 2024
WINDSOR, Connecticut, Aug. 29 (TNSres) -- LIMRA issued the following news release:
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Nearly all product lines experienced double-digit growth in the second quarter
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Total U.S. annuity sales grew 26% year over year to $109.9 billion in the second quarter of 2024, according to LIMRA's U.S. Individual Annuity Sales Survey. LIMRA's survey, which represents 92% of the total U.S. annuity market, has been tracking sales since the 1980s.
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Nearly all product lines experienced double-digit growth in the second quarter
* * *
Total U.S. annuity sales grew 26% year over year to $109.9 billion in the second quarter of 2024, according to LIMRA's U.S. Individual Annuity Sales Survey. LIMRA's survey, which represents 92% of the total U.S. annuity market, has been tracking sales since the 1980s.
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