Individual Annuity Considerations, 2016-2020 (1)

($ billions)

      Total
Year Variable Fixed Amount Percent change from prior year
2016 $104.7 $117.4 $222.1 5.8%
2017 98.2 105.3 203.5 -8.4
2018 100.2 133.6 233.8 14.9
2019 101.9 139.8 241.7 3.4
2020 98.6 120.5 219.1 -9.4
(1) Based on LIMRA's estimates of the total annuity sales market. Includes some considerations (i.e. premiums) that though bought in group settings involve individual buying decisions. Source: U.S. Individual Annuities, 4th Quarter 2020, LIMRA, 2021.