2012 Annuity Sales: A Mixed Bag
Indexed and deferred income annuity sales experience significant growth, but declining sales of fixed and variable annuities drag down total annuity sales.
February 21, 2013
While a number of annuity markets experienced record sales in 2012, total annuity sales dropped 8 percent, tallying $219.4 billion, according to LIMRA's fourth quarter 2012 U.S. Individual Annuities Sales survey. For the fourth quarter, total annuity sales were $52.6 billion, a decline of 8 percent from the previous year.
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