Despite record-low interest rates, third-quarter sales of indexed annuities reached $8.7 billion, an increase of one-quarter of 1 percent compared with the year-ago period, according to's Indexed Sales & Market Report. The report summarizes total sales for 45 indexed annuity carriers, representing nearly 100 percent of the market. During the same period, sales of another indexed product, indexed life insurance, were $322.1 million, an increase of more than 28 percent from third-quarter 2011. Indexed life products, which credit interest based partly on the upward movement of a major stock index, are projected to exceed $1.1 billion in 2012, according to AnnuitySpecs. Aviva USA is currently the top-selling carrier in the indexed life market, with a 13 percent market share.