As the number of complex underlyings grows in the US annuity market, the research firm is targeting market participants with a new set of analytic tools to understand the dynamics of financial products linked to indices.
The latest report from the Limra Annuity Research shows that the growth in the US structured products market is being fueled by the retirement space. Fixed indexed annuity (FIA) sales in 2022 at US$79.8 billion were up 25% from 2021, and 9% higher than the record set in 2019, and registered index-linked annuity (Rila) sales reached US$41.1 billion in 2022, six percent higher than the previous year and set a new all-time high for this product line. In a previous interview with The In