Wednesday, January 04, 2006
Bank Annuity Sales Slump 25%
Sales of annuities in banks are continuing to fall as a result of weakness in demand for fixed annuities
Total bank annuity sales fell to $2.8 billion in October 2005, down 25% from the total for October 2004, according to Kenneth Kehrer Associates, Princeton, N.J.
Bank Annuity Sales Slump 25%
Source: National Underwriter (subscription required)
Total bank annuity sales fell to $2.8 billion in October 2005, down 25% from the total for October 2004, according to Kenneth Kehrer Associates, Princeton, N.J.
Bank Annuity Sales Slump 25%
Source: National Underwriter (subscription required)