Friday, May 15, 2009
Jackson National overall annuity sales rose, driven by fixed products
But sales of variable annuities slipped in the first quarter
First-quarter overall annuity sales rose 8% to $2.6 billion at Jackson National Life Insurance Co. year over year, propelled by large gains in traditional fixed-annuity sales.
Annuity net flows, which encompass total premium minus surrenders, exchanges and annuitizations, totaled $1 billion, up 21% from a year earlier...
Investment News: Jackson National overall annuity sales rose, driven by fixed products
First-quarter overall annuity sales rose 8% to $2.6 billion at Jackson National Life Insurance Co. year over year, propelled by large gains in traditional fixed-annuity sales.
Annuity net flows, which encompass total premium minus surrenders, exchanges and annuitizations, totaled $1 billion, up 21% from a year earlier...
Investment News: Jackson National overall annuity sales rose, driven by fixed products
Permalink posted by markw @ 4:37 AM 
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