Jackson National Life Insurance Co., a Lansing, Mich., unit of London's Prudential PLC, has announced that its annuity sales grew 8% in the first quarter, to $2.6 billion, from a year earlier.

First-quarter annuity net inflows increased 21%, to $1 billion, due in part to an 81% increase in traditional fixed annuity sales, the insurance company announced Thursday.

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