Index annuity sales were down in the first quarter of 2007, according to the Advantage Index Sales Market Report, issued by Advantage Compendium. The $5.73 billion in sales marked a 9 percent drop from the same period last year and a 4 percent drop from the previous quarter. The top 10 carriers in the first quarter were as follows:
| Allianz Life | $1,256,508,000 |
| Aviva | $925,319,812 |
| OMFN Financial | $534,677,607 |
| American Equity | $430,760,698 |
| Midland National Life | $371,700,000 |
| ING | $354,368,060 |
| GAFRI | $239,234,000 |
| Equitrust | $221,517,475 |
| Jackson National Life | $199,007,527 |
| Conseco | $196,623,583 |
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.