Lincoln National: Surging Industry Annuity Sales A Boon, Q1 Results Mask Positive Trends
Lincoln(LNC) seekingalpha.com·2024-05-27 01:54
Alistair Berg It was another stellar quarter for domestic annuity sales. According to LIMRA, total US annuity sales totaled $113.5 billion from January through March, a 21% jump from the same period a year earlier. It was barely under Q4 2023's record sum and the strongest first quarter since LIMRA began tracking data in the 1980s. There continues to be strong demand for protective investment solutions, be they annuities, structured notes, or buffered ETFs. Insurance providers appear to be in a sweet spot, ...