Numbers Game

Numbers Gameblog

Latest research and trends from around the financial advisory business, updated regularly highlighting stats, charts, infographics and all things data.

Indexed annuities sales increased by over $5 billion in 2013

2013 fixed annuity sales up 17% over previous year

By Matt Sirinides

Feb 25, 2014 @ 12:01 am (Updated 1:23 pm) EST

Indexed annuities, a fixed annuity that provides a minimum guaranteed rate of interest combined with an interest rate tied tied to movement of an index, accounted for 46.3% of all fixed annuities sold and 27% of total annuities sold in 2013, according to most recent data from LIMRA. Sales of indexed annuities increased by an estimated $5.4 billion in 2013, representing a 17% hike in volume, more than any other form of annuity. According to the same data, sales of variable annuities fell by 1 percent.

As of the end of the third quarter, Allianz Life led all insurers in the sale of indexed annuities, with a 13.7% market share. Security Benefit Life (12.3%) and American Equity (11.0%) fell close behind.

For more on annuities, visit our most recent special report on the subject

  @IN Wire

Apr 17 07:22PM
6 hugely important tax lessons our own @Darla_Mercado learned from the challenging 2013 tax season: http://t.co/Liea3mZgKW
Apr 17 06:27PM
Tax lessons learned: @Darla_Mercado on how to avoid a four-figure tax bill next year: http://t.co/aP6hDkUViV

Career Center

Explore your opportunities and be informed for your next move.

Company Type
Firm Type
Clearing Firm
Presented by