U.S. sales of individual annuity rose to about $65 billion in the second quarter, up 6% from the total for the second quarter of 2006.
Researchers at LIMRA International, Windsor, Conn., have reported those figures in the latest annuity sales and assets report.
Fixed annuity sales fell 10% during the first half, to $18 billion, but variable annuity sales increased 13%, to about $48 billion.