Friday, June 09, 2006

 

Beacon Research: U.S. Sales of Fixed Annuities Drop 7.4% From Prior-Year First Quarter

Although the yield curve started to steepen in March, sales of fixed annuities in the United States, including indexed annuities, dropped to $16.8 billion in the first quarter of 2006. That's down 7.4% from the prior-year first quarter, according to estimates by Beacon Research, an independent research organization.

Beacon's fixed annuity premium study is based on sales of 51 insurance companies.

Beacon Research: U.S. Sales of Fixed Annuities Drop 7.4% From Prior-Year First Quarter
Source: National Underwriter (subscription required)

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