Business Transformation | 11.28.22
Indexed, Multiyear Guaranteed Annuity Sales Rise in Q3
by: Karen DeMasters
Multiyear guaranteed annuities and indexed annuities saw strong gains in the third quarter, according to a report by Wink Intelligence. Total third quarter sales for all deferred annuities were $72.4 billion, a decrease of 0.4% when compared to the previous quarter but an increase of almost 21% compared to the same period last year, the firm said.
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