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Best’s News & Research Service subscription required - June 14, 2013 05:04 PM (EDT)

Beacon CEO: Companies Continue to Limit US Sales of Fixed Annuities in First Quarter on Low Rates

As companies continue to limit sales due to low interest rates, total first-quarter U.S. sales of fixed annuities, including indexed, declined to $15 billion, down 11.7% from the same period a year . . .

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Fixed Annuities Retirement Income Bonds (Securities) Life Insurers Interest Rates Life Insurance Equity Indexed Annuities


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