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Home > Library > Stable Times > Volume 3, Issue 2

The quarterly publication of the Stable Value Investment Association
Second Quarter 1999 • Volume 3 Issue 2
SVIA-LIMRA Survey Finds
Largest Increase in Five Years for Stable Value Sales
The SVIA-LIMRA Guaranteed/Stable
Value Product Sales Survey for 1998 found sales had risen 42%, the
largest increase in five years, to over $75 billion. Although stable
value sales increased dramatically in 1998, assets increased more
modestly by 13% to $270 billion. Further, non-qualified stable value
product sales increased by 127%, while qualified stable value sales
grew by 11%. The survey is based on the participation of 43 companies
whose sales represent over 90% of the stable products sold last
year.
Total Stable Value Product Sales1
(Percent Change 1994-1998)
1 Sales refer to deposits to new contracts
* Excludes companies that manage assets only
Growth rates are based on companies with two years of comparable data.
Total Sales and Assets By Market2
| |
Sales (000,000)
|
|
Assets (000,000)
|
| |
Year-end 1998
|
Percent change
|
Average size contract
|
Year-end 1998
|
Percent change
|
| Qualified |
$40,386.60 |
11% |
$4,369,289 |
$208,158.10 |
3% |
| Nonqualified |
31,028.70 |
127 |
37,870,867 |
43,565.10 |
65 |
| Total1 |
75,129.00 |
42 |
7,564,907 |
270,332.60 |
13 |
| Number of companies |
41 |
41 |
34 |
43 |
43 |
2 Includes
companies unable to break out products separately and Bank Investment
Contract assets
Read Next: Editor's Corner
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