| Individual Annuity Considerations, 2018-2022 (1) |
($ billions)
|
| |
|
|
Total |
| Year |
Variable |
Fixed |
Amount |
Percent change
from prior year |
| 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 |
| 2022 |
102.9 |
209.9 |
312.8 |
23 |
(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 2022, LIMRA, 2023. |
|