Beacon's Fixed Annuity Premium Study Reports Third Quarter's Fixed Annuity Sales

U.S. sales of fixed annuities rose to an estimated $19.9 billion in third quarter, 2006, an increase of 9.3% from the previous quarter and 9.9% from third quarter, 2005. But on a year-to-date basis, results were 4% below the same period last year, according to new data from the Beacon Research Fixed Annuity Premium Study based on sales of 52 insurance companies. Estimated sales by product type were: book value - $8.12 billion, indexed - $6.52 billion, market value-adjusted (MVA) - $3.68 billion, and immediate - $1.58 billion.

Beacon's Fixed Annuity Premium Study Reports
Source: Insurance News Net