Annuity sales fell 6 percent in the first quarter of 2013 compared to the same period last year, according to LIMRA.
Overall sales of annuities totaled $51.7 billion, according to LIMRA's first-quarter 2013 U.S. Individual Annuities Sales survey, which represents data from 94 percent of the market.
Variable annuity sales, meanwhile, were down 4 percent to $35.5 billion quarter-over-quarter , though that was a 1 percent increase over the fourth quarter of 2012.
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