In Investment News, Darla Mercado’s article “Strong sales of annuities boosted Jackson’s earnings, top exec says,” reports the rise in annuity sales for Jackson National Life Insurance Co. Their sales and deposits in the first half of 2009 increased to $6.1 billion, a significant rise …
According to a press release by Beacon Research, fixed annuity sales estimates in the U.S. for the first quarter of this year were $34.9 billion. The Fixed Annuity Premium Study comprised of data from 53 insurance companies, which account for about 86% of this market. …
Jackson National Life Insurance Company has fixed annuities to thank for it’s increasing sales in the first quarter of 2009. While sales of their variable annuities were down compared to last year, sales of traditional fixed annuities almost doubled from the same period last year. …
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