The US indexed annuity sales are again in record territory. Allianz, AuguStar, Lincoln blossom while Security Benefit and Symetra are in the shadow by sales.
Fixed index annuity (FIA) sales have continued to rally by closing the third quarter at yet another record high at US$35.8 billion, a 16.6% climb quarter-on-quarter (QoQ) or a 58.4% surge year-on-year (YoY), according to the latest US Individual Annuity Sales Survey Limra released yesterday (25 November). The volume leaves this market segment at US$95.1 billion in the first nine months of the year, up 33.9% YoY. ‘Strong equity market performance and a desire for principal protection cont