Aviva USA is a major player in the fixed annuity space. According to LIMRA, there was a total of $81 billion in sales of fixed annuities industry-wide in 2011, with Aviva ranking fifth at $4.5 billion.
Here’s our take on six companies that could possibly have an interest in (and the financial capacity to buy) Aviva USA if its parent company does decides to shed the unit.
MetLife
Total Annuity Sales in 2011: $31 billion
Variable Sales: $28.4 billion
Fixed Sales: $2.5 billion
Source: LIMRA
Photo: AP/Mark Lennihan
Prudential Annuities
Total Annuity Sales in 2011: $21.3 billion
Variable Sales: $20.2 billion
Fixed Sales: NA
Source: LIMRA
Photo: AP/Mike Derer
New York Life
Total Annuity Sales in 2011: $8.1 billion
Variable Sales: $2.3 billion
Fixed Sales: $5.8 billion
Source: LIMRA