Thursday, May 25, 2006

 

Beacon's Fixed Annuity Premium Study Reports First Quarter's Fixed Annuity Sales

U.S. sales of fixed annuities reached $17.3 billion in first quarter, 2006, a 3% increase from the previous quarter. Improvement was steady throughout first quarter, with March showing the highest monthly sales. But results were 4% below the same period last year, according to new data from the Beacon Research Fixed Annuity Premium Study based on sales of 51 insurance companies. First quarter indexed annuity sales were $7.2 billion, up almost 8% from the prior quarter and 13.1% above first quarter, 2005.

Beacon's Fixed Annuity Premium Study Reports First Quarter's Fixed Annuity Sales
Source: Insurance News Net

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