"Within 10 years, equity indexed annuities' share of the fixed annuity market has gone from less than 0.5% in 1995 to 25% in 2004...The $17.3 billion in EIA sales so far during 2004 easily surpasses the $14.4 billion sold in all of 2003."
So states Dan Q. Beatrice, in his National Underwriter
piece, "Equity Indexed Annuities Driving Fixed Annuity Sales."
Be sure to read Beatrice's entire
article to see all the facts and figures, as well as some
speculation about the future of these and related products.