Podcast Center
Video Center
Webcasts
Resource Center
Events
March 03, 2007 at 10:00 PM
Total U.S. sales of fixed annuities fell to about $16.5 billion in the fourth quarter of 2006, down 1.1% from the total for the fourth quarter of 2005.
Sales for the full year fell 3.3%, to $71 billion, according to Beacon Research Inc., Evanston, Ill., which bases its figures on a survey of 48 insurance companies.
For the full-year, book value annuities accounted for $30 billion in fixed annuities sales; indexed annuities, $25 billion; market-value-adjusted annuities, $9.6 billion; and immediate annuities, $6.1 billion.
