Annuity sales on the rebound, baby!

October 5, 2021 by Sheryl J. Moore

Deferred annuity sales are bouncing back, as nearly all lines of annuities experienced sales increases over the prior quarter, and the prior year. 

2Q2021 ANNUITY SALES Sales / % Chng Last Qtr / % Chng Last Yr

-All Deferred Annuities: $64.49 B / 10.60% /40.47%

–Non-Variable Deferred Annuities: $31.57 B / 11.12% / 22.04%

—Indexed Annuities: $16.67 B / 14.54% / 29.93%

—Fixed Annuities: $462.00 M / -3.15% / 8.51%

—Multi-Year Guaranteed Annuities: $14.43 B / 8.64% / 15.25%

–Variable Deferred Annuities: $32.92 B / 9.47% / 63.57%

—Structured Annuities: $9.86 B / 8.96% / 117.92%

—Variable Annuities: $23.05 B / 9.69% / 47.80%