Sweden’s Skandia Insurance reported record sales for the year 2000 of SKr 197.7 billion ($20.9 billion) from growth in all sectors and all geographical areas.
U.S. sales of market leader Skandia’s variable annuity products rose from $6.9 billion to $8.2 billion, and overall U.S. sales registered a 17 percent increase.
Strong gains were also made in Europe and Japan. December was the only month in the year to show a decline, due to pressure on mutual fund sales.
Was this article valuable?
Here are more articles you may enjoy.
Nine Claims Trends to Watch Through the Rest of 2026 
Florida Bills Would Open Door to More Housing in the Everglades, Brownfields 
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War 
