We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (19,339)
  • Industry Conferences (5)
  • Industry Job Openings (6)
  • Moore on the Market (289)
  • Negative Media (141)
  • Positive Media (73)
  • Sheryl's Articles (728)
  • Wink's Articles (300)
  • Wink's Inside Story (266)
  • Wink's Press Releases (111)
  • Blog Archives

  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • August 2006
  • Wink, Inc. Releases 3rd Quarter, 2022 Deferred Annuity Sales Results

    November 22, 2022 by Wink's Press Release

    – FOR IMMEDIATE DISTRIBUTION —

     

    NEWS RELEASE

     

    MULTI-YEAR GUARANTEED AND INDEXED ANNUITY SALES SOAR TO SET RECORDS

     

    Wink, Inc. Releases 3rd Quarter, 2022 Deferred Annuity Sales Results

    Des Moines, Iowa. November 22, 2022Wink’s Sales & Market Report, the insurance industry’s #1 resource for annuity sales data since 1997 released its 101st edition report for 3rd Quarter, 2022. Sixty-three indexed annuity providers, 42 fixed annuity providers, 71 multi-year guaranteed annuity (MYGA) providers, 18 structured annuity providers, and 43 variable annuity providers participated in the report.

    Total third quarter sales for all deferred annuities were $72.4 billion; a decrease of 0.4% when compared to the previous quarter and an increase of more than 20.9% when compared to the same period last year. All deferred annuities include the variable annuity, structured annuity, indexed annuity, traditional fixed annuity, and MYGA product lines.

    Noteworthy highlights for all deferred annuity sales in the third quarter include Athene USA ranking as the #1 carrier overall for deferred annuity sales, with a market share of 8.5%. New York Life moved into second place, while Corebridge Financial, Equitable Financial, and Massachusetts Mutual Life Companies 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 #1 selling deferred annuity, for all channels combined in overall sales.

     

    Total third quarter non-variable deferred annuity sales were $48.8 billion; an increase of 5.5% when compared to the previous quarter and an increase of over 67.1% when compared to the same period last year. Non-variable deferred annuities include the indexed annuity, traditional fixed annuity, and MYGA product lines.

     

    Noteworthy highlights for non-variable deferred annuity sales in the third quarter include Athene USA ranking as the #1 carrier overall for non-variable deferred annuity sales, with a market share of 12.3%. Massachusetts Mutual Life Companies held onto second place while Corebridge Financial, New York Life, and Sammons Financial Companies completed the top five carriers in the market, respectively. Massachusetts Mutual Life’s Stable Voyage 3-Year, a MYGA, was the #1 selling non-variable deferred annuity, for all channels combined for the quarter.

     

     

    Total third quarter variable deferred annuity sales were $23.5 billion; down 10.8% when compared to the previous quarter and down more than 23.0% when compared to the same period last year. Variable deferred annuities include structured annuity and variable annuity product lines.

    Noteworthy highlights for variable deferred annuity sales in the third quarter include Equitable Financial ranking as the #1 carrier overall for variable deferred annuity sales, with a market share of 16.2%. Jackson National Life moved into the second-place position, as Lincoln National Life, Brighthouse Financial, and Allianz Life concluded as the top five carriers in the market, respectively. Jackson National’s Perspective II Flexible Premium Variable & Fixed Deferred Annuity, a variable annuity, was the #1 selling variable deferred annuity, for all channels combined in overall sales for the fifteenth consecutive quarter.

    Indexed annuity sales for the third quarter were $20.9 billion; up more than 6.9% when compared to the previous quarter, and up more than 20.9% when compared with the same period last year. Indexed annuities have a floor of no less than zero percent and limited excess interest that is determined by the performance of an external index, such as Standard and Poor’s 500®.

     

    Noteworthy highlights for indexed annuities in the third quarter include Athene USA ranking as the #1 seller of indexed annuities, with a market share of 12.0%.  Allianz Life moved into the second-ranked position while Corebridge Financial, Sammons Financial Companies, and Global Atlantic Financial Group rounded out the top five carriers in the market, respectively. Allianz Life’s Allianz Benefit Control Annuity was the #1 selling indexed annuity, for all channels combined.

     

    Sheryl Moore, CEO of both Wink, Inc. and Moore Market Intelligence commented, “It was a record-setting quarter for indexed annuity sales! In fact, 2022 will be a record year for indexed annuities as well!”

     

    Traditional fixed annuity sales in the third quarter were $451.6 million; sales were down 6.8% when compared to the previous quarter, and up more than 25.1 % when compared with the same period last year. Traditional fixed annuities have a fixed rate that is guaranteed for one year only.

     

    Noteworthy highlights for traditional fixed annuities in the third quarter include Global Atlantic Financial Group ranking as the #1 carrier in fixed annuities, with a market share of 16.4%. EquiTrust ranked second, while Modern Woodmen of America, Western-Southern Life Assurance Company, and American National, rounded out the top five carriers in the market, respectively. Forethought Life’s ForeCare Fixed Annuity was the #1 selling fixed annuity, for all channels combined for the ninth consecutive quarter.

     

     

     

    Multi-year guaranteed annuity (MYGA) sales in the third quarter were $27.4 billion; sales were up more than 4.7% when compared to the previous quarter, and up over 138.0% when compared to the same period last year. MYGAs have a fixed rate that is guaranteed for more than one year.

     

    Noteworthy highlights for MYGAs in the third quarter include Athene USA ranking as the #1 carrier, with a market share of 12.7%.  New York Life moved into the second-ranked position, while Massachusetts Mutual Life Companies, Brighthouse Financial, and Corebridge Financial rounded out the top five carriers in the market, respectively. Massachusetts Mutual Life’s Stable Voyage 3-Year was the #1 selling multi-year guaranteed annuity for all channels combined.

     

    “Multi-Year Guaranteed Annuity sales killed it this quarter,” declared Moore. “This isn’t surprising considering that I have three-year MYGAs today, that are crediting nearly three times the interest that they were in the first quarter.”  

     

     

    Structured annuity sales in the third quarter were $10.1 billion; sales were down 3.1% as compared to the previous quarter, and up 11.8% as compared to the previous year. Structured annuities have a limited negative floor and limited excess interest that is determined by the performance of an external index or subaccounts.

     

    Noteworthy highlights for structured annuities in the third quarter include Equitable Financial ranking as the #1 carrier in structured annuity sales, with a market share of 21.9%.  Allianz Life ranked second, while Brighthouse Financial, Lincoln National Life, and Prudential completed the top five carriers in the market, respectively. Equitable Financial’s Structured Capital Strategies Plus 21 was the #1 selling structured annuity for all channels combined for the second consecutive quarter.

     

     

     

    Variable annuity sales in the third quarter were $13.3 billion, down more than 15.9% as compared to the previous quarter and down more than 37.8% as compared to the same period last year. Variable annuities have no floor, and the potential for gains/losses is determined by the performance of the subaccounts that may be invested in an external index, stocks, bonds, commodities, or other investments.

     

    Noteworthy highlights for variable annuities in the third quarter include Jackson National Life ranking as the #1 carrier in variable annuities, with a market share of 21.1%. Equitable Financial ranked second, while New York Life, Nationwide, and Lincoln National Life finished out as the top five carriers in the market, respectively. Jackson National’s Perspective II Flexible Premium Variable & Fixed Deferred Annuity was the #1 selling variable annuity for the fifteenth consecutive quarter, for all channels combined.

     

     

     

    Wink reports on indexed annuity, fixed annuity, multi-year guaranteed annuity, structured annuity, variable annuity, and multiple life insurance lines’ product sales. Sales reporting on additional product lines will follow in the future.

    ****

    For more information, go to www.WinkIntel.com

    Wink, Inc. is the company behind the most comprehensive life insurance and annuity due-diligence tools, AnnuitySpecs and LifeSpecs at www.WinkIntel.com. Wink, Inc. is the distributor of the quarterly Wink’s Sales & Market Report. Serving as the insurance industry’s #1 resource of indexed insurance product sales since 1997, this report provides sales by product, company, crediting method, index, distribution, surrender charge period, and more. Wink’s Sales & Market Report expanded to cover all deferred annuity products in 2015, all deferred variable annuity products in 2019 and all non-variable cash value life insurance products in 2017.

    The staff of Wink, Inc. has a combined experience of more than 175 years working with insurance products, more than a decade of which is specific to competitive intelligence. Based in Des Moines, Iowa, the firm offers competitive intelligence and market research in the life insurance and annuity industries; serving financial services professionals, distributors, manufacturers, regulators, and consultants on both a domestic and global basis.

    Sheryl J. Moore, CEO is the guiding force behind Wink, Inc. Ms. Moore previously worked as a market research analyst for top carriers in the life insurance and annuity industries. Her views on the direction of the market are frequently heard in seminars and quoted by industry trade journals.

     

    November 22, 2022

    Des Moines, IA

    (855) ASK-WINK

    Originally Posted by Wink's Press Release.

    currency