Top 20 annuity companies

LIMRA recently announced the top 20 annuity companies for 2009. Quarterly sales for variable annuities are slowly making their way back up; sales were down only 18 percent for the year, despite a 26 percent decline in the first six months of 2009.

Total individual sales fell 11 percent in 2009 to nearly $235 billion. Sales fell only 2 percent from the third quarter; however, when compared to the fourth quarter of 2008, sales were down 22 percent.

Fixed annuities fell 41 percent from fourth quarter 2008, and fell 10 percent from the third quarter. Indexed annuities, on the other hand, actually increased 9 percent to $29.4 billion, with a record high in the second quarter, according to LIMRA. Below are the top 20 annuity companies. A breakout of top variable and fixed annuities is also available.

  1. MetLife
  2. Prudential Annuities
  3. TIAA-CREF
  4. Jackson National Life
  5. AIG
  6. Lincoln Financial Group
  7. New York Life
  8. ING
  9. RiverSource Life Insurance
  10. Allianz Life
  11. John Hancock
  12. AEGON USA
  13. AXA Equitable
  14. Pacific Life
  15. AVIVA
  16. Nationwide Life
  17. Sun Life Financial
  18. Hartford Life
  19. American Equity Investment Life
  20. Massachusetts Mutual Life

Related Fixed/Indexed Resources

Powered by

Comments

Advertisement. Closing in 15 seconds.