Fixed annuity sales fall in Q1, but variable annuity sales rise

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Insurance Forums - Apr 22, 2020

Fixed annuity products were already forecast to have a challenging 2020—and then COVID-19 threw the hammer down in March, leading to double-digit declines across the board. Total fixed annuity sales were $29.5 billion in the first quarter, 22% lower than first quarter 2019, according to preliminary...

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