FIA and Rila positions are gaining weight in the offering of the largest providers in the market worth over US$120 billion as their Q3 23 earnings come out.
The US market saw US$41 billion registered index-linked annuities (Rilas) and US$79.8 billion worth of fixed index annuities (FIAs) sold in 2022, according to a survey conducted by Limra, the trade association. In the first half of 2023, the sales volume for FIAs and Rilas has continued to grow reaching US$48.4 billion and US$21.8 billion, respectively. We look at some of the main providers of these products and their impact on the performance of life insurance companies in t
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