LIMRA Secure Retirement Institute: VA Guaranteed Living Benefit Election Rates Rise for Third Straight Quarter
According to LIMRA Secure Retirement Institute research, consumers’ election rate of guaranteed living benefit (GLB) riders on variable annuities has increased for three consecutive quarters after 6 consecutive quarters of declines. Historically speaking, GLB’s have been a
WINDSOR, Conn., Dec. 1, 2010 — The election rate of variable annuities (VA) guaranteed living benefit (GLB) riders rose to 89 percent in the third quarter, according to LIMRA’s study, which represents 94 percent of the variable annuity GLB industry.
New Analysis Finds 'Income Later' Variable Annuity Sales Rebounded Following Demise of DOL Fiduciary Rule, LIMRA Secure Retirement Institute reports
New LIMRA Secure Retirement Institute (LIMRA SRI) research, examining variable annuity (VA) sales by investment objective, finds VAs designed to provide ‘income later’ through guaranteed living benefit (GLB) riders have rebounded to reach $10.2 billion in the first quarter of 2018.
LIMRA Study: Consumers Continue to Opt for Guaranteed Living Benefit Riders With Variable Annuity Contracts
WINDSOR, Conn., Aug. 31, 2010 — Guaranteed Living Benefit (GLB) riders were elected in variable annuities (VA) generating $20.3 billion of new deferred VA premium in the second quarter, an 18 percent increase over the first quarter, according to LIMRA's second quarter study, which represents 95 percent of the variable annuity GLB industry.
Lower Interest Rates Impact Fixed Annuity Sales WINDSOR, Conn., Nov. 18, 2014—Total U.S. annuity sales reached $58.2 billion in the third quarter, falling two percent from prior year.
Third quarter experiences shift in rider market share, as GMIB riders jump five percentage points.
Assets of Variable Annuity with Guaranteed Living Benefit Riders Improve By Almost 80 Percent in Two Years, LIMRA Reports
WINDSOR, Conn., March 8, 2011 — Assets of variable annuities (VA) with guaranteed living benefit (GLB) riders rose 78 percent from $292 billion in the fourth quarter of 2008 to $521 billion in the fourth quarter of 2010, according to LIMRA’s study, which represents 95 percent of the variable annuity GLB industry.
Total U.S. annuity sales were $46.8 billion in the third quarter, down 13 percent from prior year, according to LIMRA Secure Retirement Institute’s Third Quarter 2017 U.S. Retail Annuity Sales Survey.
Strong Fixed-Rate Deferred Annuity Sales Drive Overall Annuity Growth in Third Quarter, Notes LIMRA’s Secure Retirement Institute
Fixed-rate deferred annuity sales increased 66 percent in the third quarter 2013, compared with the third quarter 2012, according to LIMRA Secure Retirement Institute (SRI).