Annuity buyers in a protection mode
October 23, 2022 by John Hilton
As 2022 winds down, one thing is clear in the annuity world: protection is king.
LIMRA estimates that annuity sales might hit as high as $85 billion when the third-quarter numbers are finalized — led by protection-focused products, said Todd Giesing, assistant vice president and head of annuity research, Secure Retirement Institute.
Giesing moderated a panel of industry executives today at the 2022 LIMRA Annual Conference.
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