11.18.21
Total Annuity Sales Rose 12% in the Third Quarter, LIMRA Reports
by: Insurance News Net
Total U.S. annuity sales were $62.3 billion in the third quarter, up 12% from third quarter 2020. Year-to-date, annuity sales increased 19% to $191.4 billion, according to results from the Secure Retirement Institute U.S. Individual Annuity Sales Survey. Total variable annuity (VA) sales were $30.6 billion in the third quarter, up 28% from prior year. Total VA sales were $93.3 billion in the first three quarters of 2021, 31% higher than prior year.
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