Annuity Sales Rebound in Third Quarter: WinkIntel
December 2, 2020 by Editorial Staff
Annuity sales emerged from the shadows of COVID-19 in the third quarter. Sales of multi-year guarantee annuity contracts (MYGAs) and of structured annuities were up by double-digits from a year ago, according to Wink’s latest sales report.
Total sales for all deferred annuities were $54.2 billion in third-quarter of 2020; an increase of over 18.0% when compared to the previous quarter and a decline of 1.1% when compared to the same period last year.
Originally Posted at Retirement Income Journal on November 26, 2020 by Editorial Staff.
Categories: Industry Articles
