August 23, 2022
Total U.S. annuity sales rose 16% to $79.4 billion in the second quarter, nearly the exact opposite of the S&P 500's return.
Total U.S. annuity sales increased 16% to $79.4 billion in the second quarter, nearly the exact inverse of the S&P 500 Index’s return for the same period, according to Limra. Last month, Limra reported preliminary U.S. annuity sales of $77.5 billion for the second quarter.