U.S. annuity surrenders surge 18% in Q3’23, outpacing premium growth: AM Best

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Reinsurance News - Feb 01, 2024

In a recent Special Report, credit rating agency AM Best highlighted a significant 18% increase in surrendered annuity policies through the third quarter of 2023, surpassing the growth in premium, which held steady at 17% during the same period. Titled “Annuity Surrenders Up Through 3Q23, Beat...

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