Fixed Annuity Sales Hit Record High

annuity think tankBased on research performed quarterly by Beacon Research, fixed indexed annuity sales and income annuity sales rose to record highs in 2012.  Total FIA premium increased by 3.7%, up to $34.2 billion.  In the same period, total premium in income annuities also increased, up 8.5% to $9.2 billion.

 

 

Allianz was tops in fixed annuity premium for 2012, with New York Life, Aviva, American Equity, and Security Benefit rounding out the top five.  In the fourth quarter, however, Security Benefit Life took the number one spot in premium for the first time.  Fourth quarter results also saw Aviva out of the top 5 and replaced by Lincoln Financial.

 

 

The quarterly study done by Beacon Research tracks fixed, indexed, and variable annuity sales and provides web-based systems for distributors and insurance companies.  For more information on the Beacon Research study, visit www.annuitymarketstudy.com.

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Tags: Fixed Annuity Sales Hit Record High, what are the top fixed annuity products, what are the top selling fia products, which annuity carriers have the top sales

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