Fixed annuities carriers shuffled the top slots in sales during the third
according to the Beacon Research Fixed Annuity Premium Study.
Allianz moved up a notch to become the
quarter's sales leader, replacing New York
Life, which came in third. Aviva advanced
to second from third place. American Equity
moved up a notch to come in fourth. Lincoln
Financial Group rejoined the top five,
in fifth place.
Total fixed annuity sales for the quarter
were approximately $19.5 billion, remaining
relatively flat quarter-to-quarter with a
0.3 percent increase and dropping 12 percent
year-to-year. Fixed annuity year-todate
sales totaled $55.4 billion, dropping 35
percent below that of 2009, which was the strongest three-quarter period in
the eight-year history of the study, according to the Beacon data.