3 Reasons the Annuity Party Could Keep Going
October 13, 2021 by Allison Bell
U.S. individual annuity sales looked great in the second quarter, and analysts see reasons why the numbers could continue to look great for at least the next few quarters.
The third quarter of 2021 ended Sept. 30, and publicly traded insurers are getting ready to release their earnings, and their annuity sales totals, in the next few weeks.
COVID-19 is still here, interest rates are still low, and year-over-year comparisons will get tougher once the comparisons are with quarters when the economy started to recover, rather than with the grim second quarter of 2020.
But here are three reasons some analysts are cautiously optimistic.