Registered index-linked annuities (Rilas) continue to expand and have become one of the fastest growing areas in the US structured products market.
Registered index-linked annuity (Rila) sales in the third quarter of 2019 were 62% higher than third quarter 2018 after posting a US$4.8 billion volume, adding to a nine-month of continued and significant growth with sales standing at US$12.5 billion for the period, up 63%, compared with the previous year. Variable annuity (VA) sales were US$26.5 billion in third quarter 2019, six percent higher than same period of 2018, according to the Secure Retirement Institute (formerly Limra SRI). This re
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