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Overall sales of annuities during the first quarter of 2019 totaled $57.8 billion, up 17.5% year over year. So reports Insurance Net News.

However, its down approximately 3.6% from the last quarter of 2018, according to data from Beacon Research and Morningstar and reported by the Insured Retirement Institute. In the most recent quarter, fixed annuity sales reached $37.1 billion and variable annuity sales reached $20.7 billion.

Read the full article from Insurance Net News.

Last modified on Saturday, 15 June 2019
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