New research from LIMRA today finds that total individual annuity sales rose 6% during the fourth quarter of 2010 as compared to the same period last year to reach $57.6 billion. This was a 3% improvement from the third quarter of 2010. For the year, total annuity sales dropped 7% from 2009, primarily based on the performance of fixed annuity sales.
However, half of the top 20 annuity writers improved their sales in 2010, LIMRA says, which released the top 20 writers of overall total annuities, variable annuities and fixed annuities for 2010.
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