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    • Ameriprise Posts 45% Jump in Variable Annuity Sales

    July 29, 2024 by Allison Bell

    Strong sales of registered index-linked annuities helped Ameriprise Financial push total annuity sales to $1.5 billion in the second quarter. Volume was 45% higher than in the second quarter of 2023, the company reported last week.

    Life insurance sales increased 21% from last year to $93 million. The main driver was demand for the kind of variable universal life products that affluent clients can use to build cash value.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at Think Advisor on July 29, 2024 by Allison Bell.

    Categories: Industry Articles
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