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Top 20 Sellers of Total, Fixed, & Variable Annuities

LIMRA just released annuity sales results from the fourth quarter of 2010 and the total year results, according to Ruthie Ackerman’s article in the Financial Times. “Who Were the Top 20 Annuity Writers in 2010?” summarizes the top sellers.  Total annuity sales were published along …

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Not Enough 401k Annuity Options for Workers

The former vice chairman of the Federal Reserve Board, Roger W. Ferguson Jr., is working hard to get Americans to increase their savings for retirement.  According to “Former Fed official: Workers need bigger nest eggs” by Len Bosilovic of the Pittsburgh Post-Gazette, the current employee …

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Prudential & AIG Contribute to Variable Annuity Gains

Prudential Financial Inc. and American International Group Inc. contributed to the United States’ largest variable annuity sales increase since 2007.  According to Bloomberg’s “Variable-Annuity Sales Rise 11% as Prudential, AIG Post Gains” by Inyoung Hwang, the $35.5 billion in sales was an increase of 11% …

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Variable Annuity Sales Up in 1st Quarter

Variable annuity sales increased from the 1st quarter of 2009 to the first quarter of 2010, according to Insurance News Net’s “US Sales of Variable Annuities See First Year-Over-Year Gain in Two Years.”  With $31.4 billion in total sales, variable annuities increased 3% from the …

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