Q3 indexed annuity sales hit $10 billion
November 22, 2013 by Maria Wood
As the end of the year approaches, indexed annuity sales are rushing toward the finish life, hitting a record $10 billion in the third quarter, according to the most recent compilation from Wink’s Sales & Market Report, which tracks indexed annuity and life sales.
That $10 billion figure represents a 9 percent jump from the previous quarter and is 15 percent above the year-ago period. Sheryl J. Moore, president and CEO of both Moore Market Intelligence and Wink, noted in a release that many companies made positive changes to their products in their third quarter and there were a number of “fire sales being offered as well.”
Originally Posted at LifeHealthPro on November 18, 2013 by Maria Wood.
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