Wednesday, April 12, 2023

New York Life rockets to the top of the 2022 annuity sales charts

New York Life rockets to the top of the 2022 annuity sales charts

New York Life emerged as the big winner in a record-setting year for annuity sales with more than $23 billion in sales, according to LIMRA. The largest mutual insurer in the United States, New York Life claimed nearly a 7% market share and increased its annuity sales by 70% over 2020 – when it finished fifth in LIMRA's rankings.

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