Annuity Sales Increase By Nearly 10%

In the second quarter, fixed annuities experienced highest quarterly sales since 2011, according to data from Morningstar and Beacon Research.

INN Breaking News, September 3, 2013

Justin Stephani

Second-quarter 2013 sales results for the U.S. annuity industry, based on data reported by Morningstar, Inc. and Beacon Research, reveal a 9.9-percent increase to nearly $54.5 billion from $49.6 billion for the previous quarter.

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