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Monday, February 25, 2013

2012 was Record Year for Fixed Indexed Annuity Sales: LIMRA Survey

LIMRA released findings from their 2012 U.S. Individual Annuities Sales survey, which represents data from 95 percent of the market. According to the survey:
  • Indexed annuity sales set a record high of $33.9 billion in 2012.  This is a five percent increase over 2011 sales.
  • Variable annuity sales totaled $147.4 billion in 2012. A seven percent decrease since 2011.
  • Deferred income annuity sales were over $1.0 billion in 2012, with a large portion of sales ($390 million) coming in the fourth quarter.
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