Structured annuity sales soar higher in strong Q3 market, Wink reports
December 1, 2023 by Staff Reports
Structured annuities sold strong yet again in the third quarter, Wink, Inc. reported, showing that the unique products have more room to run.
Also known as registered indexed-linked annuities, structured annuity sales in the third quarter were $11.4 billion, up 6% compared to Q2 and up 12.5% over Q3 2022. Structured annuities have a limited negative floor and limited excess interest that is determined by the performance of an external index or subaccounts.
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Originally Posted at InsuranceNewsNet on November 22, 2023 by Staff Reports.
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