Friday, November 02, 2007
Bank Annuity Sales Surge in First Half of 2007
Sales of annuities in banks surged in the first half of the year, according to a report by a financial institution market watcher.
The most recent Kehrer-Jackson Bank Annuity Sales Survey shows bank annuity sales climbed 17% in May over the previous month, to $4.1 billion from $3.5 billion, and have soared 41% since January, when sales were $2.9 billion.
Bank Annuity Sales Surge in First Half of 2007
Source: Insurance News Net
The most recent Kehrer-Jackson Bank Annuity Sales Survey shows bank annuity sales climbed 17% in May over the previous month, to $4.1 billion from $3.5 billion, and have soared 41% since January, when sales were $2.9 billion.
Bank Annuity Sales Surge in First Half of 2007
Source: Insurance News Net