MYGA Market In 1Q: A Look At The Top 10

June 1, 2017 by Cyril Tuohy

First quarter sales of multiyear guaranteed annuities (MYGAs), which offer a fixed rate over a period of several years, tumbled 17 percent to $9 billion, industry tracker Wink’s Sales & Market Report announced this month.

MYGA sales rose 36 percent compared with the fourth quarter of 2016, Wink’s reported.

First quarter top-10 finishers are listed below.

The Top 10 MYGA Carriers For 1Q 2017:

1. New York Life
2. AIG
3. Global Atlantic Financial Group
4. Symetra Financial
5. Security Benefit Life
6. Pacific Life
7. Delaware Life
8. Great American Insurance Group
9. Massachusetts Mutual
10. Fidelity & Guaranty Life

View the full story on Sheryl J. Moore’s original blog post located here: https://www.winkintel.com/2017/05/firstquarterannuitysales/

Originally Posted at InsuranceNewsNet on May 31, 2017 by Cyril Tuohy.