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Industry Statistics

The Insured Retirement Institute's mission is to provide financial advisors, the media, regulators, and other interested parties with information and resources to assist in a better understanding of annuities and the role these products play in financial retirement planning. In 2001, IRI began issuing consolidated variable annuity results on a quarterly basis. Annually, IRI publishes consolidated industry data for indexed, variable, and fixed annuities in its Annuity Fact Book.

 

Industry Statistics  

3Q VA Product Changes Slow, Benefits Trend Toward More Generous

Compiled by Morningstar, the report found that variable annuity benefit activity for the third quarter slowed significantly from the robust filings made during the second quarter of this year. In the third quarter, carriers made 40 material changes, down from 162 changes in the second quarter, and down from 106 changes in the same quarter last year.

Total Second Quarter Annuity Sales Post Record Highs

The Insured Retirement Institute (IRI) today announced second quarter results for the U.S. annuity industry. Launched this year, IRI exclusively unites highly trusted and sought-after data from Morningstar, Inc. and Beacon Research, offering a one-of-a-kind, industry-wide overview on the state of both variable annuity and fixed annuity sales.

Industry Wide Annuity Sales Continue Double Digit Climb

The Insured Retirement Institute (IRI) today announced second quarter results for the United States annuity industry. Annuity sales for the second quarter continued to increase at a double-digit rate. Second quarter industry wide sales were $60.4 billion, up 10 percent from $55 billion in the second quarter of 2010. Second quarter sales also garnered quarter-to-quarter growth, increasing at a rate of 4 percent from $58.1 billion in the first quarter of this year.

VA Sales Up for 3rd Consecutive Quarter

The Insured Retirement Institute (IRI) today announced second quarter results for the United States annuity industry. Annuity sales for the second quarter continued to increase at a double-digit rate. Second quarter industry wide sales were $60.4 billion, up 10 percent from $55 billion in the second quarter of 2010. Second quarter sales also garnered quarter-to-quarter growth, increasing at a rate of 4 percent from $58.1 billion in the first quarter of this year.

New Variable Annuity Sales Post Double-Digit Increase in 2010

The Insured Retirement Institute (IRI) today released a report on product trend updates within the U.S. variable annuity market. Compiled by Morningstar, the report found that sales flows picked up in calendar year 2010, with a 10.3% increase in new sales.

VA Assets Hit Record $1.5 Trillion in 2010

The Insured Retirement Institute (IRI) today announced fourth quarter and year end 2010 results for the United States annuity industry. Variable annuity assets reached an all-time record of $1.5 trillion in 2010, while fourth quarter sales rose 18% over 2009 figures to $37.6 billion.


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