Indexed Annuities, Indexed Life Sales Hit Record Highs
March 22, 2016 by Cyril Tuohy
Fourth quarter sales 2015 of fixed indexed annuities (FIAs) soared to a record $15.5 billion. This marks a 30 percent increase compared with the year-ago period, according to Wink’s Sales & Market Report.
The hot-selling annuity category also finished 2015 at a record $53 billion in sales, an increase of 13 percent over 2014.
“We not only hit a record this quarter, but also for the year,” said Sheryl J. Moore, president and CEO of Moore Market Intelligence and Wink Inc., a database company which compiles sales statistics on life and annuity products. Click HERE to view article
Wink’s Note: INN news articles may require a subscription to view
Originally Posted at InsuranceNewsNet on March 16, 2016 by Cyril Tuohy.
Categories: Sheryl's Articles
