Booming MYGA Sales Highlight Wink’s 1Q Annuity Sales Report
June 10, 2019 by Staff Reports
Total first-quarter sales for all deferred annuities were $55.5 billion — led by the dominating sales of multi-year guaranteed annuities, Wink’s Sales & Market Report reports.
Noteworthy highlights for all deferred annuity sales in the first quarter include AIG ranking as the No. 1 carrier overall for deferred annuity sales, with a market share of 7.2%.
Jackson National Life followed in second place, while Lincoln National Life, New York Life and Allianz Life rounded-out the top five carriers in the market, respectively. Jackson National’s Perspective II Flexible Premium Variable & Fixed Deferred Annuity, a variable annuity, was the No. 1 selling deferred annuity, for all channels combined, in overall sales.