Annuity Sales Rise 10% in Q1: Wink
June 28, 2021 by Allison Bell
Low interest rates are continuing to push U.S. life insurers toward offering annuities without minimum annual return guarantee, according to new issuer survey data from Wink Inc.
U.S. sales of individual deferred annuities climbed to $58 billion, up 10% from the total for the first quarter of 2020, the Des Moines, Iowa-based firm says.
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Originally Posted at ThinkAdvisor on June 23, 2021 by Allison Bell.
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