Variable annuities sales in 2011 climbed significantly in early 2011, continuing a trend begun last year, and reversing a slide that saw them fall from a high of $184 billion in 2007 to a low of $128 billion in 2009.
A new report released by LIMRA, an insurance-industry research organization based in Windsor, CT which tracks the annuity market, shows that fixed annuities, too, are finally showing a gain this year, after plunging from a high of $109 billion in 2008 to only $81 billion in 2010.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access