Athene hits record fixed-indexed annuity sales in just 9 months
November 21, 2024 by John Hilton
Athene Life & Annuity does fixed-indexed annuity sales better than anyone and it showed during the third quarter.
In the retail channel, year-over-year sales increased nearly 40% to more than $9 billion, which CEO James Belardi credited to strong FIA and multi-year guaranteed annuity products, “as well as product and distribution expansion.”
On a year-to-date basis, retail volume totaled $28 billion an increase of 27% from the prior year period.
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Originally Posted at InsuranceNewsNet on November 15, 2024 by John Hilton.
Categories: Industry Articles