Description: The paper analyzes recent individual annuity mortality experience, derives comparative annual mortality improvement rates and, in particular, examines in detail the 1976-86 experience in the most recent Report of the Individual Annuity Experience Committee. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: This article highlights some of the issues associated with joint and last survivor policies, including nonforfeiture determination, calculations using joint age versus exact ages, and common disaster issues.

Description: This discussion at the SOA 1968 Philadelphia Regional Meeting looks at research on agency operations and actuarial involvement.

Description: Relative to group medical plans, discusses: recognition given to effect on morbidity of various demographic factors, consideration given to inflation in making rate guarantees, consideration given to group size, and underwriting transfer cases.

Description: This article is a follow up to the March 1996 article that introduced the concept of the actuarial counselor. Feedback indicates a strong interest in this professional direction and the author suggests steps that could be taken by the SOA or others to support this concept.

Description: This paper discusses group life insurance and examines continuing pressure to write relatively large amounts of group life insurance on individual lives in small groups. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: Author reply to Jay Olshansky’s discussion of “Health Expectancy” paper and reply from authors Faye Albert, John Bragg and Jason Brooks.

Description: This discussion examines problems arising in complying with the provisions of the Federal Welfare and Pension Plans Disclosure Act and problems in connection with underwriting and administration of small groups. From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: The differences between select and ultimate insurance mortality are usually explained in terms of: 1. deterioration of a person's physical condition which occurs due to aging, and 2. anti-selection which occurs as some policyholders allow their coverage to lapse [i.e., those policyholders who find their health has become poor keep their coverage, while those who remain healthy discontinue their insurance]. This paper explores the differences in mortality between companies related to the differences in lapse rates of the companies.

Description: This paper presents a different approach to measuring Health Expectancy, especially as it relates to the elderly population. This new actuarial approach is described and numerous examples are given.