Life insurers should deliver solid Q4 and full 2023 earnings, analyst says

January 29, 2024 by John Hilton

Through three quarters, LIMRA and Wink, Inc. both reported record-setting annuity sales. In the first nine months of 2023, total annuity sales increased 21% to $270.6 billion, LIMRA found.

Those full-year sales numbers will likely be equally as impressive and Wall Street analysts will take note.

“We expect to continue to see strong growth in sales, led by fixed annuities, fixed annuities deferred and fixed indexed annuities in addition to pension risk transfer deal flow,” Tucker said.

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Originally Posted at InsuranceNewsNet on January 23, 2024 by John Hilton.