Life Insurers Kept Selling More Fixed Annuities in Q2
August 1, 2023 by Allison Bell
Life insurers are continuing to sell more annuity products with fixed benefit guarantees — in spite of their efforts to limit their exposure to annuity guarantee risk.
Total sales of U.S. individual annuities increased 12% between the second quarter of 2022 and the second quarter of this year, to $88.6 billion, according to new LIMRA data.
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Originally Posted at ThinkAdvisor on July 26, 2023 by Allison Bell.
Categories: Industry Articles