LIMRA: U.S. Single-Premium Pension Risk Transfer Sales Soar 36% to $14.2 Billion in the Third Quarter 2024
December 11, 2024
December 11, 2024
WINDSOR, Connecticut, Dec. 11 (TNSres) -- LIMRA issued the following news release:
Total U.S. single-premium pension risk transfer (PRT) premium was $14.2 billion in the third quarter, up 36% from prior year's results, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey.
Year-to-date (YTD), total single-premium PRT premium increased 21% to $39.9 billion.
"While new premium growth rebounded in the third quarter, the growth can be attribu . . .
Total U.S. single-premium pension risk transfer (PRT) premium was $14.2 billion in the third quarter, up 36% from prior year's results, according to LIMRA's U.S. Group Annuity Risk Transfer Sales Survey.
Year-to-date (YTD), total single-premium PRT premium increased 21% to $39.9 billion.
"While new premium growth rebounded in the third quarter, the growth can be attribu . . .