VA Sales Slide Ends; Full Rebound Unlikely, Analysts Say
August 22, 2018 by Cyril Tuohy
At long last the slide in VA sales has come to a halt.
After 17 consecutive quarters of declines, second-quarter sales of VAs rose – if ever so slightly – 2 percent to $25.8 billion compared with the year-ago period, LIMRA Secure Retirement Institute reported.
Sales rose 3.6 percent compared with the first quarter. VA sales were $50.4 billion in the first half, level with the year-ago period, LIMRA SRI reported.
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