Individual Annuity Considerations, 2017-2021 (1) |
($ billions)
|
|
|
|
Total |
Year |
Variable |
Fixed |
Amount |
Percent change
from prior year |
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 |
2021 |
125.3 |
129.2 |
254.3 |
16.1 |
(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 2021, LIMRA, 2022. |
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