Corebridge Financial stuns analysts with 68% bump in annuity premium
August 7, 2024 by John Hilton
Main takeaway: Corebridge Financial’s second-quarter annuity sales were so strong, Wall Street analysts had a hard time believing in the numbers.
Premium and deposits grew 68% to nearly $6.8 billion during the quarter, mainly off strong fixed annuity sales. Those sales came during a quarter that saw LIMRA report some fixed annuity sales declines across the industry.
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Originally Posted at InsuranceNewsNet on August 1, 2024 by John Hilton.
Categories: Industry Articles