Monday, November 26, 2007
AnnuitySpecs.com Releases Third Quarter 2007 Indexed Sales Results
Fifty-seven of 60 Indexed Annuity carriers participated in the 41st edition of the Advantage Index Sales & Market Report, representing 99% of Indexed Annuity production. Total third quarter sales were $6.4 billion, down 1.7% from second quarter sales. As compared to the same period last year, sales are down 2.0%. Remarks Sheryl Moore, CEO of AnnuitySpecs.com, “It’s really quite remarkable that sales have not suffered more considering how depressed participation rates, caps, and spreads have been over the quarter. This is an amazing story of strength for the industry.” Sales year-to-date were $18.7 billion, down 2.8% from the previous period.
AnnuitySpecs.com Releases Third Quarter 2007 Indexed Sales Results
Source: Insurance News Net
AnnuitySpecs.com Releases Third Quarter 2007 Indexed Sales Results
Source: Insurance News Net
Permalink posted by armandn @ 11:19 AM 
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