Sales of deferred annuities during the first quarter were up 6.8% to $84.7 billion from the fourth quarter and 41.9% when compared to the same period last year.
This is according to Wink Inc.'s first-quarter annuity sales report which includes participation from 104 annuity providers. The category includes variable annuity, structured annuity, indexed annuity, traditional fixed annuity and multi-year guaranteed annuity (MYGA) products.
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