FOURTH QUARTER 2016 NON-VARIABLE DEFERRED ANNUITY SALES
Originally posted March 29, 2017 | by Victoria L. Peterson
Wink’s Sales & Market Report, 4th Quarter 2016 shows sales for the fourth quarter of 2016 were $13,309 million, compared with sales of $15,573 million for the fourth quarter of 2015. Fourth quarter indexed annuity sales were down nearly 7% when compared to the previous quarter, and down over than 14% when compared with the same period last year. This was a record-setting year for indexed annuity sales, topping the previous 2015 record by 9.73%.
Total 4Q2016 indexed annuity sales were $13,309,361,354.
Total 2016 indexed annuity sales were $58,235,264,888.
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