Variable annuities sales in 2011 climbed significantly in early 2011, continuing a trend begun last year, and reversing a slide that saw them fall from a high of $184 billion in 2007 to a low of $128 billion in 2009.
A new report released by LIMRA, an insurance-industry research organization based in Windsor, Conn. that tracks the annuity market, shows that fixed annuities, too, are finally showing a gain this year, after plunging from a high of $109 billion in 2008 to only $81 billion in 2010.
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