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Life Health > Annuities > Variable Annuities

NAVA Reports Higher 2Q VA Sales

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U.S. variable annuities attracted $8.2 billion more in cash than they lost during the second quarter, up from a net inflow of $5.2 billion for the second quarter of 2005.

The National Association for Variable Annuities, Reston, Va., has published that data in a report based on its quarterly VA sales survey.

The percentage of cash flowing into equity options increased to 59%, from 56%, while the share going into fixed accounts fell to 21%, from 24%, according to NAVA.


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