April 17, 2018
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today announced final fourth quarter sales results for the U.S. annuity industry, based on data reported by Beacon Research and Morningstar, Inc. Industry-wide annuity sales in the fourth quarter of 2017 totaled $48.4 billion, a 9.5 percent increase over sales of $44.2 billion during the third quarter of 2017, and a 0.3% increase from sales of $48.2 billion in the fourth quarter of 2016. For the full year, fixed and variable annuity sales totaled $192.1 billion, down 9.1 percent from 2016 total sales of $211.4 billion.
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