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Sales of annuities in Chile rise more than 130% in January due to higher interest rates

RIO DE JANEIRO, BRAZIL - In the last two years, 2020 and especially 2021, the insurance industry has had to deal with a sharp decline in the sale of annuities, one of the "star products" of the sector.

However, insurance companies offering this product may be seeing the light at the end of the tunnel. In January of this year, 1,298 of these policies were marketed, compared to 560 in the same month of 2021, an increase of 131.7%.

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