Delaware Life Could Take Hit as Banks Pause New Sales

September 16, 2026 by Warren S. Hersch

Bank distribution is particularly important to Delaware Life’s multiyear guaranteed annuity business. The channel accounts for most of Delaware Life’s sales of the fixed-rate products, according to Wink CEO Sheryl Moore.

In the second quarter, Delaware Life ranked ninth for bank sales of deferred annuities that aren’t variable, according to Wink‘s Sales & Market Report. The insurer held the eighth spot for sales of MYGAs through these financial institutions. Total annuity volume for the April-June period was $2.2 billion, securing for the carrier the 17th position, Wink reported.

Meanwhile, it distributes its fixed-indexed annuities mainly through independent agents, Moore said.

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Read at Life Annuity Specialist 

Originally Posted at Life Annuity Specialist on Sept 11, 2026 by Warren S. Hersch.