Total annuity sales fall two percent in third quarter

November 24, 2014 by Daniel Williams

According to a recent report from LIMRA, lower interest rates continue to place a lag on fixed annuity sales. Going inside the numbers, total U.S. annuity sales reached $58.2 billion in the third quarter, falling two percent from prior year. But all the news was not bad. In the first nine months of 2014, total U.S. annuity sales increased 6 percent, compared with 2013, to reach $ $177.7 billion. Click here to read…

Originally Posted at A.M. Best on November 18, 2014 by Daniel Williams.