Wednesday, December 03, 2008

 

Beacon's Fixed Annuity Premium Study Reports Third Quarter's Bank Channel Sales

U.S. bank sales of fixed annuities were an estimated $9.2 billion in third quarter, 2008, according to new data from the Beacon Research Fixed Annuity Premium Study. The quarter’s sales were 80% above third quarter, 2007, and up 4% from the prior quarter. On a year-to-date basis, estimated sales were $24.9 billion, 90% ahead of results in the first three quarters of 2007.

Beacon's Fixed Annuity Premium Study Reports Third Quarter's Bank Channel Sales
Source: Insurance News Net

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