Indexed annuity products set record of $25.1B in Q2, Wink finds

August 28, 2023 by Staff Reports

Indexed annuity sales roared even higher during the second quarter, according to the Wink Sales & Market Report, setting an all-time quarterly record.

“With rates being as strong as they are, it is no surprise that indexed annuity sales are setting records all over the place,” said Sheryl Moore, CEO of both Wink, Inc., and Moore Market Intelligence.

Q2 indexed annuity sales were $25.1 billion, up 11.3% compared to the first quarter, and up 28.3% compared with the same period last year.

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Originally Posted at InsuranceNewsNet on August 25, 2023 by Staff Reports.