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Archive for April 2009

Fixed Annuities Sales Rise as Variable Sales Decline: 4th Quarter 2008

{April 1st, 2009} by Staff Writer

Fixed annuity sales increased 79 percent in the fourth quarter of 2008, marking a record-setting $109.4 billion figure, keeping overall annuity sales growing, according to a report by LIMRA. Variable annuity (VA) sales, however, declined 30 percent in the fourth quarter of 2008 as compared to the fourth quarter of 2007. Sales increased for all […]