Indexed annuity sales up in fourth quarter
Total fourth-quarter 2014 indexed annuity sales totaled $11.9 billion, up 4 percent from the third quarter and 3.5 higher than the same period a year ago, according to a quarterly market report by Wink Inc. in Pleasant Hill. Forty-nine indexed annuity carriers participated in the 70th edition of Wink’s Sales & Market Report, representing 99.8 percent of indexed annuity production. Allianz Life Insurance Co. maintained its status as the top seller in indexed annuities, with a market share of 25.5 percent. West Des Moines-based American Equity Investment Life Holding Co. remained the No. 2 carrier, followed by Security Benefit Life Insurance Co., Great American Insurance Group and West Des Moines-based Athene USA.