Jackson National Life Insurance Co.'s bank sales division sold more than $800 million in new annuity and life insurance premiums last year, a 21% increase over 1996, the company said. That helped boost revenues for the Atlanta-based institutional marketing group in 1997 to $8.2 billion, a 26% increase over the previous year.

Jackson National is now among the top-five providers of all annuity products through banks, the company said, quoting data from Kenneth Kehrer Associates, Princeton, N.J.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.