Indeed Annuity Sales Edge Lower

November 15, 2005 at 07:00 PM
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Total U.S. sales of equity indexed annuities and other indexed annuities fell to $6.9 billion during the third quarter, down 2% from the total for the third quarter of 2004.[@@]

The Advantage Compendium, St. Louis, has published those figures in a preview of its latest EIA market report.

Allianz Life Insurance Company of North America, Golden Valley, Minn., led the indexed annuity market during the latest quarter with a 31% share of sales, according to The Advantage Compendium.

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