The top 10 annuity sales leaders for Q1 2014
August 12, 2014 by Nichole Morford
A single stat sums up the dramatic transition the annuity marketplace has seen in recent years: MetLife Inc., which ranked No. 1 in annuity sales for Q1 2012 and Q1 2013, has dropped to the No. 7 spot for the quarter ending March 31, 2014, following a 42 percent decline in sales year over year.
To be sure, this drop is not wholly unexpected, as new analysis from SNL Financial notes. MetLife has been forthcoming about its desire to limit exposure to the U.S. annuity market as it attempts to determine just how much risk it wants to assume going forward.
Originally Posted at LifeHealthPro on August 12 ,2014 by Nichole Morford.
Categories: Industry Articles
