As baby boomers facing an uncertain economy are seeking the guaranteed return of equity-linked variable annuities as a top retirement option, the biggest players in the life insurance industry continue to jockey for position.
MetLife Inc., the largest U.S. life insurer, took the top spot in sales of variable-annuity products for the first half of the year, reports LIMRA, an insurance organization that supports insurers in their sales and marketing efforts and counts 850+ company members.
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