Fourth quarter 2013 U.S. annuity sales are up 17.2 percent from the fourth quarter of 2012, according to a report by The Insured Retirement Institute.
Increased fixed and variable annuity sales during the fourth quarter pushed industry-wide sales to $59.3 billion, up 3.1 percent from the prior quarter's sales of $57.5 billion and up 17.2 percent from fourth quarter 2012 sales of $50.6 billion.
For the year, annuity sales increased 4.2 percent to $220.9 billion from $212 billion the previous year.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.