Fourth quarter fixed annuity sales declined 11% from the previous quarter to $19.6 billion in the fourth quarter, according to Beacon Research’s Fixed Annuity Premium Study.
Book value fixed annuities made up the bulk of sales at $9 billion, followed by indexed annuities at $6.9 billion, market-value adjusted annuities at $1.8 billion and fixed income annuities at $2 billion.
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