Indexed annuity activity down in Q4, up from 2011
March 19, 2013 by Michael Stanley
Total fourth quarter indexed annuity sales were $8.4 billion, down three percent from the previous quarter but up two percent when compared to the same period last year.
The results, found in AnnuitySpecs.com’s Fourth Quarter, 2012 Indexed Sales Results released on Monday, March 18, were buoyed by the fact that annuity sales in 2012 set their fifth consecutive record.
AnnuitySpecs.com, a third-party market research firm specializing in indexed annuity and indexed life tools and an arm of Moore Market Intelligence, examined 44 indexed annuity carriers for the 62 edition of their “Indexed Sales and Market Report.” Click here to read…