The second quarter was another good quarter for U.S. sellers of indexed annuities.
AnnuitySpecs.com, Pleasant Hill, Iowa, is reporting that indexed annuity sales totaled $8.3 billion during the second quarter, down just 0.1% from the total for the second quarter of 2009.
AnnuitySpecs.com has based those figures on results from a survey of 43 indexed annuity issuers that account for 99% of U.S. indexed annuity production.
Indexed annuity soared to an all-time high in the second quarter of 2009, and 2010 sales have been strong, according to AnnuitySpecs.com President Sheryl Moore.