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Annuity Sales for Q1 At All-Time High, Limra Says

After record breaking sales in 2022, Q1 annuity sales for 2023 hit $92.9 billion, a 47% increase. Information from InsuranceNewsNet confirms that this is the highest quarterly sales ever recorded with results from LIMRA’s Preliminary U.S. Individual Annuity Sales Survey. “Market conditions continue to drive …

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Fixed Annuity Sales Surge, but Common Trends Will Soon Return

Annuity sales—also supported by rising interest rates—are surging. According to InsurnaceNewsNet.com, if current market conditions hold, fixed annuities, fixed-indexed annuities (FIAs), and registered index-linked annuities (RILAs) are predicted to compete more fiercely with one another during the next five years. If these fixed annuity rates …

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First Quarter Annuity Sales Numbers Are In

One of the leading providers of life, disability, dental and other benefits in the U.S., Guardian life Insurance Company of America, has just launched a new fixed indexed annuity with an optional guaranteed living benefit rider.  In an effort to help mitigate market volatility and …

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