U.S. Individual Annuity Sales on Track for New Record
Windsor, CT, November 28, 2006 — Individual annuity sales continued to grow in the third quarter at $58.7 billion, a 9 percent increase over the same period in 2005, according to LIMRA International.
Secure Retirement Institute: Total Annuity Sales Fall 9% in 2020
U.S. annuity sales totaled $219 billion in 2020, 9% lower than sales in 2019, according to results from the Secure Retirement Institute (SRI) U.S. Individual Annuity Sales Survey.
LIMRA: U.S. Individual Life Insurance Premium Rises Slightly in First Quarter 2020
Total U.S. Individual life insurance new annualized premium increased 1% in first quarter 2020, compared with first quarter 2019 results. Fewer than half (49%) of individual life insurance writers reported positive growth, compared with first quarter 2019, according to LIMRA’s First Quarter 2020 U.S. Individual Life Insurance Sales Survey.
U.S. Individual Annuity Sales Grow Eight Percent
Windsor, CT, February 27, 2008 — Total individual annuity sales had a record year in 2007 reaching $257.4 billion, up eight percent over 2006, according to LIMRA International.
U.S. Individual Annuity Sales on Pace for Record Growth
Windsor, Conn., Dec. 3, 2007 — Total individual annuity sales are on a record setting pace, growing six percent through the first three quarters of 2007 to reach $189.4 billion, according to LIMRA International.
Secure Retirement Institute: U.S. Single-Premium Pension Buy-Out Sales Total $4.5 Billion in the First Quarter 2020
The total U.S. single premium buy-out sales totaled $4.5 billion in the first quarter, down 6% from the sales record set in the first quarter 2019, according to the Secure Retirement Institute (SRI) U.S. Group Annuity Risk Transfer Sales Survey. This represents the second highest first quarter sales results (record was set in first quarter 2019) and only the second time first quarter sales have exceeded $4 billion.
LIMRA: U.S. Life Insurance Policy Sales Increase 2% in 2020
While total life insurance new annualized premium fell 3% in 2020, the number of policies sold in 2020 increased 2% for the year, driven by strong whole life and term sales, according to LIMRA’s U.S. Individual Retail Life Insurance Sales Survey.
2018 Annuity Recap and Future Forecast
LIMRA Secure Retirement Institute data shows that fixed annuities were the main driver of growth in 2018.