(American Life Insurance Guide 06/01/2022 News)Wink®️, the US insurance industry data agency, released the fourth quarter of 2022 this week, the United StatesRetirement Annuity Insurance BrandsMarket sales rankings, and released the Top 5 insurance brands in various annuity insurance markets, and the best-selling insurance products.

In an environment where the U.S. market has fallen sharply for two consecutive quarters, which type is more suitable for the current market environment, fixed-income pension insurance or securities-level pension insurance?What brand of pension insurance did U.S. residents buy in the first quarter of 2022, and what popular products did U.S. residents buy?Please see the following byAmerican Life Insurance Guide©️ The data report column brought by the arrangement.

2022Q1 Retirement Annuity Insurance Ranking

According to the release of LifeTank©️"Comparison of prices and advantages and disadvantages of American annuity insurance product types (2022 version)"Category of Annuity Insurance Types Offered, All U.S. Annuity Insurance Products Except Immediate Income Annuities," as of Q2022 1Total premiums are 597 billion U.S. dollars, an increase of nearly 583% compared to the previous quarter's $2 billion.

The following figure shows the overall market share of the annuity insurance types participating in the ranking:

The types of annuity insurance participating in the statistics and the market share distribution are as follows:

Securities Annuity (Variable Annuity). 31%
Indexed Annuity. 27.9%
Multi-Year Guaranteed Interest Rate Annuity (MYGA/Multi-Year Annuity). 24.4%
Structured Annuity. 15.9%
Traditional Fixed Income Annuities (Fixed Annuity). 0.8%

U.S. annuity insurance product types and risks — *©️American annuity insurance product types and risks*

In the first quarter of 2022, with the sharp correction in the stock market and the growth of market risk aversion,Fixed Income (Non-Securities)Annuity sales totaled $317 billion, up 10.7% sequentially.

As shown in the figure above, in the fixed-income retirement annuity insurance market, the index annuity insurance ranks first with a market share of 52.5%, and the multi-year fixed-income MYGA annuity insurance market accounts for 46%, ranking second.The market share of traditional fixed-income annuity insurance is only 1.5%.

In the first quarter of 2022,Securities (non-fixed income)Annuity sales totaled $279 billion, down 13.3% sequentially.

As shown in the figure above, in the securities retirement annuity insurance market, securities fund insurance ranks first with a market share of 66.2%, and structured annuity insurance occupies the remaining share.

1. Top 5 index retirement annuity insurance companies

Exponential annuity(Indexed Annuity) in Q2022 1The total premiums are US$166 billion,It was down 1.6% from the previous quarter and up nearly 14.5% from the same period last year, as shown in the chart below.

In terms of insurance brand market share, Athene USA Insurance Group ranked first in the index annuity insurance market in terms of sales volume during the quarter, with a market share of 8.7%. Allianz Life Insurance(Allianz) andAIG American International GroupThe market share is gradually catching up, ranking 2nd and 3rd.

Index Retirement Annuity Insurance Ranking Top 5 (2022Q1)

#1 Athene USA
#2 Allianz / Allianz Life Insurance
#3 AIG / American International Group
#4 Sammons Financial
#5 Fidelity & Guaranty Life / F&G Life Insurance

Best-selling index annuity insurance product this season

🏆Allianz Life Insurance – Allianz Benefit Control Annuity(Product Evaluation）

2. Top 5 traditional fixed-income annuity insurance companies

Fixed income annuity(Fixed Annuity)'s overall market sales in the first quarter of 2022 is $4.6 million, with an overall market share of less than 1%, as shown in the figure below.

A fixed-income annuity is similar to a fixed deposit in a bank, in that the insurance company will provide a fixed interest rate, usually only guaranteed for one year.

Top 5 Fixed Income Annuity Insurance Companies

#1 Modern Woodmen of America
#2 Global Atlantic Financial Group / Universal Atlantic Insurance
#3 Jackson National Life
#4American National
#5 EquiTrust

Top Selling Fixed Income Annuity Insurance Product of the Season

🏆Forethought Life – ForeCare Fixed Annuity

3. Top 5 insurance brands of multi-year guaranteed interest rate annuity insurance

Referred to as "multi-year high-interest fixed deposit" and "super fixed deposit" MYGA retirement annuity insurance,in the fourth quarter of 2022The total premiums are US$132 billion,This was an increase of nearly 30% from the previous quarter and nearly 10% from the same period last year.This type of annuity provides the policyholder with a fixed interest rate and guarantees it for one to many years. The historical trend of MYGA is as follows.

New York Life overtook MassMutual Life in the quarter (Mass Mutual), with a market share of 19% in this category.MassMutual Life Insurance and AIG are among the top 3 in the market.

MYGA Annuity Insurance Sales Ranking Top 5 (2022Q1)

#2 MassMutual / Wantong Mutual Life
#1 New York Life / New York Life
#3 AIG / American International Assurance
#4 Western-Southern Life Assurance Group
#5 Global Atlantic Financial Group / Universal Atlantic Insurance

2022Q1 Best-selling MYGA Annuity Insurance Products

🏆Western-Southern Life SmartSelect 3-Year

4. Combination type annuity insurance company ranked Top 5

Combination Annuity Insurance, also known as Structured Annuity Insurance, in the fourth quarter of 2022Premiums totaled $94 billion.Sales are expected to be down 6.3% from the previous quarter and also down 4.6% from the same period last year, as a direct result of the decline in the stock market. The historical sales trend is shown in the chart below.

Equitable Financial ranked first in terms of sales volume in the combined annuity insurance market during the quarter, with a brand market share of 21%.followed byAllianz Life Insurance(Allianz).

Top 5 Portfolio Annuity Insurance Companies

#2 Allianz / Allianz Life Insurance
#1 Equitable / Fair Life Insurance
#4 Brighthouse Financial / Ming House Life Insurance
#3 Prudential / Prudential Life Insurance
#5 River Source Life

Top Selling Portfolio Annuity Insurance Products of the Season

🏆Prudential – FlexGuard Annuity

5. Top 5 securities annuity insurance brands

Security annuity(What is Variable Annuity?) In the third quarter of 2022Premiums totaled $185 billion.Affected by the fall in the stock market, the sales volume of securities annuities fell by 16.4% from the previous quarter and by nearly 11.9% from the same period last year. The historical sales trend is shown in the chart below.

Jackson National Life Insurance Company continued to rank first in the securities annuity insurance market in terms of sales volume, maintaining a market share of 21.7%. Lincoln National Life和Nation-wide Followed by.

Top 5 securitized annuity insurance companies (2022Q1)

#1 Jackson National / Jackson National Life Insurance
#2 Equitable Financial / Fair Life Insurance
#3 Lincoln National Life / Lincoln Life Insurance
#4 Nationwide / National Life Insurance
#5 New York Life / New York Life Insurance

The best-selling security annuity insurance product

🏆Jackson National Life – Jackson National Perspective II

(End of the article)
(>>>Recommended reading:Gadget｜Which specific annuity insurance is suitable for me?Self-service retirement annuity insurance plan quote）

appendix
*"WINK, INC. RELEASES 1ST QUARTER, 2022 DEFERRED ANNUITY SALES RESULTS", 05/31/2022, Wink.

Your rating?Please click the star to rate

[Total votes: 1 The average score: 5]

Visitors: 3,796

Data | 2022Q1 ranking list of the best-selling retirement annuity insurance products in the United States