AXA Equitable Ranks #1 in Variable Annuity New Sales for 2007

For the full year 2007, third-party channel variable annuity sales to broker-dealers (wirehouses and regional firms), banks, and independent financial planners increased by 26.3% to $9.5 billion, and market share grew by 4.6% over 2006. AXA Distributors continues to rank first in wirehouse sales, with a 32.7% increase in total sales over 2006, and an 8% increase in market share. The bank channel had the greatest market share gain, with a 29.7% increase in sales and 12% increase in market share over 2006. With independent financial planners, AXA Equitable demonstrated the momentum of an industry leader, with a 31.8% sales increase and 7.2% market share growth over 2006.

AXA Advisors, LLC, the company’s retail distribution channel comprised of career financial professionals, sold $6.3 billion in total variable annuity sales in 2007. AXA Advisors delivered a 10.8% increase in sales and a 2.6% increase in market share over 2006.

“The 2007 VA sales growth generated by retail distribution was outstanding and is evidence that the company’s premier products and services delivered by our financial professionals are meeting the retirement income goals of an increasing number of Americans,” said Andrew McMahon, Executive Vice President of AXA Equitable and Chairman of AXA Advisors.