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
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.
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.
WINDSOR, Conn., June 1, 2010—Overall, guaranteed living benefits (GLB) were elected 87 percent of the time (when offered) in the first quarter of 2010, which is slightly down from the annual election rate in 2009 of 89 percent, according to LIMRA’s most recent annuity study.
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.
WINDSOR, Conn., May 22, 2018 – First quarter 2018 indexed annuity sales are up 11 percent to $14.5 billion, compared with first quarter 2017 and up 4 percent since last quarter, according to LIMRA Secure Retirement Institute’s (LIMRA SRI) First Quarter 2018 U.S. Retail Annuity Sales Survey.
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.
Third quarter experiences shift in rider market share, as GMIB riders jump five percentage points.
WINDSOR, Conn., Mar. 5, 2010 — The rate of election for guaranteed living benefits (GLBs), when offered, was 84 percent, in the fourth quarter of 2009, according to LIMRA’s annuity study.
LIMRA Secure Retirement Institute: Third Quarter Fixed Indexed Annuities Smash Sales Record for Second Consecutive Quarter
WINDSOR, Conn., Nov. 26, 2018—Fixed indexed annuity (FIA) sales were $18.0 billion, 38 percent higher than third quarter 2016 and 2 percent higher than second quarter sales results, according to LIMRA Secure Retirement Institute (LIMRA SRI) Third Quarter 2018 Sales Survey (representing 95 percent of the market).