LIMRA’s Post

Total U.S. annuity sales reached $133.5 billion in the first quarter, according to LIMRA's preliminary annuity sales results. This is the highest first-quarter sales ever recorded. Bryan Hodgens, head of LIMRA research, cited favorable economic conditions and growing consumer interest as key factors in the record sales. LIMRA: U.S. Annuity Sales Surge to Strongest First Quarter Ever: https://lnkd.in/eb7yCgmF #AnnuitySales #Annuities #IncomeProtection #FinancialServices LIMRA

Access the summary report on variable annuity behavior from the SOA and LIMRA Experience Studies Pro. Learn about this study on 2019-2021 analysis and how to purchase the data package. https://bit.ly/3QIsOfT. #actuaries #actuaryresearch #annuities

It's not easy navigating new IRA pricing.

Updated Draft of the 2024 Variable Insurance Product (VIP) Taxonomy The Commission amended Form N-4 to require issuers of registered index-linked annuities (RILAs) to register offerings on Form N-4. It also extended registration, filing, and disclosure rules for RILAs to registered market value adjustment (MVA) annuities. See https://lnkd.in/g85Sbjr8. Issuers of RILAs and registered MVA annuities must now tag certain data in Inline XBRL format and file electronically via EDGAR. These new elements are part of the VIP taxonomy, as both products are registered on Form N-4. #SEC #RILA #MVAAnnuities #FormN4 #XBRL #EDGAR #FinancialRegulation #Annuities #Compliance #InsuranceProducts https://lnkd.in/gx3iKZYT

5.05% FDA will DECREASE - Take Advantage! Annuity FDA Rates will decrease next week! Take advantage of the 5.05% guaranteed rate on our Secure Term MVA Fixed Annuity (guaranteed for 3 years, based on a $100,000 premium). Please see the attached flyer for important information: Fixed Deferred Annuity - Rates

Total U.S. annuity sales were $215.2 billion in the first half of 2024, a 19% jump from prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey. This is a new sales record for the first six months of a year since LIMRA started tracking sales in the 1980s. ➡️LIMRA: U.S. Annuity Sales Set New Record in First Half of 2024 https://ow.ly/16ee50SJfnc #Annuities #FinancialServices #AnnuityMarket

Ooohhh...let's talk about Brett A. Blake's new Change.org petition. Who's in his crosshairs? *************************FMOs that won't release.************************* My understanding is that most FMOs will provide a release. After all- who wants a disgruntled agent that won't write business with them? But Brett is trying to build an empire, and running into firms that won't release. What do you think? Should insurance companies allow agents to write business with a new FMO, without a release? #FMOs #Distribution #Annuities #AnnuityDotCom #IntelRockstar https://lnkd.in/e4KqrKwg

Middle market life sciences companies remain optimistic about several areas of expansion in the next 12 months. Despite concerns of changes in leaders and recession, 80% of life sciences companies plan to introduce a new product or service.  More on middle market life sciences trends: https://bit.ly/4brETyQ  

Middle market life sciences companies remain optimistic about several areas of expansion in the next 12 months. Despite concerns of changes in leaders and recession, 80% of life sciences companies plan to introduce a new product or service.  More on middle market life sciences trends: https://bit.ly/4brETyQ  

Middle market life sciences companies remain optimistic about several areas of expansion in the next 12 months. Despite concerns of changes in leaders and recession, 80% of life sciences companies plan to introduce a new product or service.  More on middle market life sciences trends: https://bit.ly/4brETyQ