Pandemic, low interest rates combine to cripple Q2 annuity sales

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Insurance Forums - Jul 27, 2020

The economic fallout from the coronavirus pandemic gets most of the blame for a staggering decline in annuity sales during the second quarter of 2020. Total annuity sales were $48.8 billion in the second quarter, down 24% from the same period in 2019, according to preliminary results released July 2...

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