Deferred annuity sales hang tough in Q1 despite effects of COVID-19

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Insurance Forums - May 25, 2020

Total first quarter sales for all deferred annuities amounted to $52.7 billion, a decline of 1.1% when compared to the previous quarter and a decline of 4.0% when compared to the same period last year, according to the latest edition of Wink’s Sales & Market Report. “It is amazing that annuity sales...

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