Pandemic contributes to 24% drop in Q2 annuity sales
Insurance Forums - Aug 19, 2020
Total annuity sales were $48.6 billion in the second quarter, down 24% from second quarter 2019, according to final results from the Secure Retirement Institute (SRI) U.S. Individual Annuity Sales Survey. “The global pandemic presented unique challenges to annuity distribution in the second quarter....
Recommended Articles
Posted: Apr 14, 2026
A recent AM Best analysis reveals that funds held to back individual annuity policies now … Read mor...
Posted: Apr 07, 2026
According to new research, significant knowledge gaps exist among both consumers and financial profe...
Posted: Apr 01, 2026
Independent distribution intermediaries are ramping up efforts to drive growth, invest in technology...