Indexed annuity products power sales surge through Q2, set records
August 1, 2023 by Staff Reports
“Double-digit equity market increases and stable interest rates have prompted investors to seek out greater investment growth opportunity through RILAs and FIAs,” said Todd Giesing, assistant vice president, LIMRA Annuity Research. “Economic conditions continue to be favorable for the annuity market. LIMRA is forecasting a strong second half of the year and expects 2023 sales to potentially surpass the record sales set in 2022.”
Click HERE to read the full story via INN
Originally Posted at InsuranceNewsNet on July 25, 2023 by Staff Reports.
Categories: Industry Articles