Early estimates for domestic individual annuity sales for 2007 show they are on a record-setting pace, growing 6% through the first three quarters of the year to reach $189.4 billion, according to LIMRA International.

Variable annuity sales rose 23% in the third quarter, to $46.4 billion. It was the ninth consecutive quarter in which variable annuity sales were greater than in the same quarter a year earlier. Variable annuity sales were up 14% year-to-date, to $136 billion.

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