Sheryl J Moore

First Quarter 2010 Indexed Insurance Sales

Indexed Annuity

AnnuitySpecs.com’s 1st Quarter Indexed Sales & Market Report shows first quarter 2010 indexed annuity sales were $6819 million compared with sales of $7097 million for the previous quarter. First quarter sales were down nearly 4% when compared with the same period one year ago.

Total 1Q2010 Indexed Annuity Sales were $6,819,442,546.

Top ten indexed annuity carriers for the first quarter:

1. Allianz Life                       

2. Aviva                                   

3. American Equity                     

4. Jackson National                     

5. ING                                       

6. Midland National Life          

7. Lincoln National Life           

8. North American Company    

9. National Life Group (LSW) 

10. GAFRI                                

Average Commission
The average agent commission was 6.80%.  

Leaders by Channel
Agency- Allianz Life

Bank- Jackson National Life

Wirehouse-  Jackson National Life

Career- Conseco

Indexed Life

Indexed life sales were $143 million compared with sales of $162 million for the previous quarter. First quarter sales were up nearly 36% when compared with the same period one year ago.

Total 1Q2010 Indexed Life Sales were $ 143,000,889.

Top ten indexed life carriers for the first quarter:

1. Aviva                                     

2. Pacific Life Companies            

3. National Life Group                 

4. AEGON Companies                

5. Minnesota Life                       

6. Penn Mutual                           

7. Allianz Life                              

8. ING                                          

9. Midland National Life             

10. National Western                   

Average Target Premium
The average target premium paid was $5,724.  

Leaders by Channel
Agency- National Life Group

Bank- N/A

Wirehouse-  N/A

Career- Penn Mutual