Total third-quarter sales for all annuities were $117.0 billion, Wink’s Sales and Market Report said. Sales were up 1.8% when compared to the previous quarter and up 1.5% when compared to the same period last year.
Annuities tracked in the report include the multiyear guaranteed annuity, traditional fixed annuity, indexed annuity, structured annuity, variable annuity, immediate income annuity and deferred income annuity product lines.
Noteworthy highlights for all annuity sales in the third quarter include Athene USA ranking as the No. 1 carrier overall for annuity sales, with a market share of 9.1%. Nationwide came in second place, while Jackson National Life, Corebridge Financial and New York Life completed the top five carriers in the market, respectively.