WINTER 2021 21
All deferred annuity sales by quarter
Total second quarter sales for all deferred annuities were $ 64.4 billion ; an increase of more than 10.0 % when compared to the previous quarter and an increase of 40.4 % when compared to the same period last year . Total deferred annuities include the variable annuity , structured annuity , indexed annuity , traditional fixed annuity , and MYGA product lines .
( in millions ) $ 60,000
$ 50,000
$ 40,000
$ 30,000
$ 20,000
$ 10,000
20 % 20 % 20 % 20 %
$ 0 1Q ‘ 19
2Q ‘ 19 3Q ‘ 19 4Q ‘ 19 1Q ‘ 20 2Q ‘ 20 3Q ‘ 20 4Q ‘ 20 1Q ‘ 21 2Q ‘ 21
All deferred annuity sales
Highlights for all deferred annuity sales in the second quarter include Jackson National Life ranking as the # 1 carrier overall for deferred annuity sales , with a market share of 7.5 %. AIG moved into second place , while Equitable Financial , Allianz Life , and New York Life rounded out the top five carriers in the market , respectively .
Annuity Trends continued on page 22
. 7 %
Fixed annuities
25.9 % Indexed annuities
35.8 % Variable annuities
22.4 % Multi-year annuities 15.3 %
Structured annuities