This year (2012) has been a tough one for many of the leading annuity carriers. From all-time low interest rates, new regulations, and higher costs of doing business, most annuity carriers would like to refer to 2012 as a “rebuilding year”. But even though some carriers were forced to sell off their annuity divisions, others still saw increased sales and decent profitability.
LIMRA, the leader in insurance research, posted their top 20 annuity carriers in terms of overall sales for 3rd Quarter, 2012. Check out the official list below along with their respective 3rd Quarter annuity sales.
Q3 2012: U.S. Individual Annuity Sales (in thousands of U.S. dollars)
1. Jackson National Life: $17,281,081
2. Prudential Annuities: $16,709,235
3. MetLife: $15,542,624
4. TIAA-CREF: $10,710,353
5. Lincoln Financial Group: $9,363,024
6. AIG Companies: $9,194,286
7. Allianz Life NA: $6,940,080
8. AXA Equitable: $6,598,292
9. New York Life: $5,572,205
10. Nationwide Financial: $4,619,500
11. Pacific Life: $4,548,537
12. RiverSource Life Ins.: $4,302,860
13. Transamerica: $3,983,810
14. AVIVA: $3,371,344
15. American Equity Investment Life: $2,878,769
16. Protective Life: $2,461,819
17. Great American: $2,378,809
18. Security Benefit Life: $2,363,761
19. Thrivent Financial for Lutherans: $2,309,774
20. Mass. Mutual Life: $1,607,436
