by GarySpicuzza » Fri Mar 06, 2009 08:54 pm
Source LINK.
Fourth Quarter Index Annuity Sales Sharply Up
The AnnuitySpecs.com 4th Quarter Advantage Index Sales & Market Report shows fourth quarter 2008 index annuity sales were $7253 million compared with sales of $6796 million for the previous quarter. Fourth quarter sales were up 13% when compared with the same period one year ago.
The top ten carriers for the third quarter:
Aviva $2,270,982,682;
Allianz Life 1,078,054,758;
American Equity 531,512,693;
ING 399,599,000;
Midland National 369,300,000;
North American Company 313,000,000;
Jackson National 311,018,872;
Lincoln National 289,328,879;
LSW (National Life) 271,234,975;
Old Mutual 234,699,982.
2008 Index annuity sales were $26,752,197, a 6% increase over 2007.
Winners & Losers
Aviva/American Investors 4th Qtr sales more than doubled from a year ago; Old Mutual sales fell by nearly half. For 2008 North American Company, Aviva and National (LSW) Life increased sales by over 50%, while National Western dipped 42%, Old Mutual declined 38%, and Sun Life dropped 34%
Please note.... not one (1) client has lost one (1) dime of their principal or past gains because of the continuing Wall St. meltdown.
Our client's money is SAFE and sound with Professional Insurance Agents who are trained and understand risk management.
Remember, a 25% loss of principal in one year will require a 47% gain the following year just to stay even with a SAFE money savings instrument that's just limping along at 5% per year.
Fourth Quarter Index Annuity Sales Sharply Up
The AnnuitySpecs.com 4th Quarter Advantage Index Sales & Market Report shows fourth quarter 2008 index annuity sales were $7253 million compared with sales of $6796 million for the previous quarter. Fourth quarter sales were up 13% when compared with the same period one year ago.
The top ten carriers for the third quarter:
Aviva $2,270,982,682;
Allianz Life 1,078,054,758;
American Equity 531,512,693;
ING 399,599,000;
Midland National 369,300,000;
North American Company 313,000,000;
Jackson National 311,018,872;
Lincoln National 289,328,879;
LSW (National Life) 271,234,975;
Old Mutual 234,699,982.
2008 Index annuity sales were $26,752,197, a 6% increase over 2007.
Winners & Losers
Aviva/American Investors 4th Qtr sales more than doubled from a year ago; Old Mutual sales fell by nearly half. For 2008 North American Company, Aviva and National (LSW) Life increased sales by over 50%, while National Western dipped 42%, Old Mutual declined 38%, and Sun Life dropped 34%
Please note.... not one (1) client has lost one (1) dime of their principal or past gains because of the continuing Wall St. meltdown.
Our client's money is SAFE and sound with Professional Insurance Agents who are trained and understand risk management.
Remember, a 25% loss of principal in one year will require a 47% gain the following year just to stay even with a SAFE money savings instrument that's just limping along at 5% per year.
Posted: Sun Jan 17, 2010 07:40 pm Post Subject:
Gary,
Kudoz! You are right on. Wall Street and registered representatives (not all but many) nothing but FRAUD MERCHANTS! BNTRS is nothing but a FRAUD MERCHANT! BNTRS would probably sell his mother for a buck!
Posted: Sun Jan 17, 2010 11:05 pm Post Subject:
Yes, I'm such a con artists. Why don't you indexed annuity drones show up with some evidence that might sway opinions? Maybe all that energy could be put to good use and you might actually learn how the product works.
Posted: Sun Jan 17, 2010 11:44 pm Post Subject:
Gary, take care of my light work please!
Posted: Tue Jan 19, 2010 02:40 pm Post Subject: Regional Sales Director opportunity, CUNA Mutual Group
I am looking for A Regional Sales Director for our Life Annuity Program within our Credit Union Members across the territory that includes Indiana, Illinois, Wisconsin, Iowa, Minnesota, N. Dakota, & S. Dakota.
If interested in this opportunity, please email me at: ryan.phillips@cunamutual.com
Subject = Regional Sales Director opportunity
This position assists in the development and implementation of a sales focused strategic direction for the sale of MEMBERS proprietary products. The principal purpose of this position is to direct the sales activities for CUNA Mutual Group MEMBERS Variable products within assigned geographic territory. This position primarily directs the efforts within this territory of asset growth in our proprietary products, a principal CUNA Mutual Group objective. Lead the building and support of the sales of all Members Capital Advisors (MCA managed funds through CUNA Mutual Group's individual lines sales force and field management team. This position primarily leads the sales activities and efforts of F2F distribution through CBSI affiliated representatives and B/D's, at times including group pension & institutional activities. This encompasses both the sales of MEMBERS Mutual Funds and the Ultra Series Funds (through MEMBERS Variable Annuity and MEMBERS Variable Life.
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