ITT Hartford Life Insurance Cos, the leading seller of annuities through banks, said its variable product, known as the Director, broke the $10 billion-asset mark this quarter.

The Director is the second-biggest selling variable annuity, behind variable annuities sold by Putnam Investments.

Hartford, which is sold through 500 banks, captured $1.8 billion in total annuity sales last year, said a spokesman Joe Fazzino.

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