U.S. fixed annuity sales fell to $17.9 billion in the second quarter, down 14% from the total for the second quarter of 2005.
Sales of indexed annuities fell 15%, to $6.2 billion, according to Beacon Research Publications Inc., Evanston, Ill.
Researchers at Beacon base the sales figures on a survey of 50 insurers.
During the first quarter, FA sales were down 7.4% from the total for the first quarter of 2005.