Nationwide, AIG see huge gains in fixed indexed annuity sales; Allianz and Security Benefit flounder
March 29, 2016 by Greg Iacurci
Nationwide and American International Group saw sizable gains in fixed indexed annuity sales last year, jumping into the Top 10 sales leaderboard and reaping the benefits of a market appetite for indexed annuities that only seems to be growing.
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“They have been a product machine over past few years and have been forging a lot of new [distribution] relationships, which has helped to increase their market share significantly,” according to Sheryl Moore, president and chief executive at Moore Market Intelligence.
Originally Posted at InvestmentNews on March 24, 2016 by Greg Iacurci.
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