Variable annuities sales leaders

MAR 30, 2010

Top 25 issuers by third-quarter 2009 sales, $ in millions

Click column headers to sort fields

Rank in 2009 Rank in 2008 Issuer New sales, $ (2009) New sales, $ (2008)

1

6

Prudential Financial

5,828.00

2,503.70

2

1

MetLife

3,441.60

3,792.10

3

2

TIAA-CREF

3,430.80

3,644.20

4

12

Jackson National

2,908.80

1,505.00

5

5

Lincoln Financial Group

1,989.60

2,768.30

6

11

Ameriprise Financial

1,428.10

1,714.10

7

3

Axa Equitable

1,239.30

3,200.00

8

7

SunAmerica/VALIC

1,175.30

2,263.40

9

18

Sun Life Financial

1,081.80

472.60

10

13

Nationwide

918.70

873.90

11

14

AEGON/Transamerica

841.60

821.90

12

10

Pacific Life

841.10

1,786.40

13

4

ING Group

804.40

2,971.40

14

8

John Hancock

753.90

2,082.90

15

9

Hartford

623.30

1,949.70

16

19

Ohio National

609.90

387.40

17

21

New York Life

331.40

348.80

18

22

Thrivent Financial

329.80

284.10

19

17

Fidelity Investments Life

288.90

519.30

20

16

Genworth Financial

216.90

593.10

21

15

Allianz Life

215.20

693.60

22

28

Guardian

210.80

105.90

23

23

Northwestern Mutual

204.50

228.30

24

27

Protective

193.80

132.90

25

20

Massachusetts Mutual

181.90

366.70

Source: Morningstar Inc.

Latest News

Newsom wants nationwide billionaires tax as presidential bid may loom on the horizon
Newsom wants nationwide billionaires tax as presidential bid may loom on the horizon

“It’s time for an economic reset,” wrote the California governor, in a post on X.

Maryland regulators spank fledgling art-focused RIA Masterworks over registration snafus
Maryland regulators spank fledgling art-focused RIA Masterworks over registration snafus

Masterworks was launched in 2017 but its RIA, Masterworks Advisers, is just three years old.

Investors allege Miami operator took over $1.5 million in EB-5 scheme
Investors allege Miami operator took over $1.5 million in EB-5 scheme

One 2017 form, no broker license, and a $42 million gap they say surfaced on a webinar.

Gen X, millennials lag in retirement confidence amid knowledge gap
Gen X, millennials lag in retirement confidence amid knowledge gap

Fewer than half of Americans in their peak earning years feel on track for retirement, while many say limited financial knowledge and access to professional guidance are holding them back.

Advisor moves: Veteran-led UBS team overseeing $460 million migrates to Merrill
Advisor moves: Veteran-led UBS team overseeing $460 million migrates to Merrill

Meanwhile, Wells Fargo hauled advisors overseeing $825 million in the West Coast, while Wedbush has welcomed a seasoned professional from Stifel in California.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.