New York Life rockets to the top of the 2022 annuity sales charts
March 14, 2023 by John Hilton
New York Life emerged as the big winner in a record-setting year for annuity sales with more than $23 billion in sales, according to LIMRA.
The largest mutual insurer in the United States, New York Life claimed nearly a 7% market share and increased its annuity sales by 70% over 2020 – when it finished fifth in LIMRA’s rankings.
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Wink’s Note: Wink publishes quarterly annuity sales along with a full overview of the industry’s top market trends in Wink’s Sales & Market Report. As we have a large representation of insurers participating in our report, we’ll be publishing by the end of the month after all insurers have hosted their year-end earnings calls. Reach out to us via the online chat at winkintel.com or firstname.lastname@example.org for more details regarding the report.