Total fourth quarter sales hit $11.5 billion for indexed annuities, according to the latest Wink’s Sales & Market Report.
The numbers trended up as indexed annuity sales rose 15 percent from the previous quarter and grew 35 percent compared to the same period a year ago. According to Wink’s, data from forty-four indexed annuity carriers contributed to the report.
“2013 was the year for setting and conquering all previous sales records,” said Sheryl J. Moore, president and CEO of both Moore Market Intelligence and Wink, Inc. “This was the fifth consecutive record-setting year at $36.8 billion, topping last year’s record of $8.5 billion by 13.4 percent."
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