| Individual Annuity Considerations, 2016-2020 (1) |
($ billions)
|
| |
|
|
Total |
| Year |
Variable |
Fixed |
Amount |
Percent change
from prior year |
| 2016 |
$104.7 |
$117.4 |
$222.1 |
5.8% |
| 2017 |
98.2 |
105.3 |
203.5 |
-8.4 |
| 2018 |
100.2 |
133.6 |
233.8 |
14.9 |
| 2019 |
101.9 |
139.8 |
241.7 |
3.4 |
| 2020 |
98.6 |
120.5 |
219.1 |
-9.4 |
(1) Based on LIMRA's estimates of the total annuity sales market. Includes some considerations (i.e. premiums) that though bought in group settings involve individual buying decisions.
Source: U.S. Individual Annuities, 4th Quarter 2020, LIMRA, 2021. |
|