Inflows into annuities hit more than $90 billion last year, according to a report from the Depository Trust & Clearing Corp. (DTCC) Insurance & Retirement Services (I&RS). The numbers were compiled from Analytic Reporting for Annuities, an online service provided by National Securities Clearing Corp., a DTCC subsidiary. The data was gleaned from transactions that the DTCC processes.
Monthly annuity inflows and net flows in 2011 are shown in the chart (left).
In December, inflows for all annuity types increased by nearly 13%, or more than $860 million, to $7.8 billion, up from $6.9 billion in November. Overall, the trend in inflows has been slightly down for the year, while the trend in net flows has been slightly up.