Description: This report provides morbidity experience under individual medical expense policies in force during the 1975 and 1976 calendar years.

Description: The effect on level premium reserves of a change in the interest or mortality basis can often be predicted by the results obtained in Spurgeon's Life Contingencies, Chap. X, pp. 185-190. This note offers formulas to demonstrate the effect of such changes.

Description: This paper presents the discussions on the paper Recent Trends in Mortality of the Aged. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: The purpose of this paper is to illustrate the effects of projected mortality on the pricing and valuation of individual immediate annuities. Also discusses considerations in underwriting substandard annuities. Finally, a discussion of this paper is included.

Description: This paper presents the theory of immunization of investments to changes in interest rates and provides an extensive series of examples and formulas used in its implementation. Also presents some implications for investment behavior, product development, interest assumptions, valuation and adjusted earnings. Discussions of this paper are included.

Description: This research report is to measure the variation in group medical insurance claim costs by duration from issue in small groups with 1 - 25 employees .

Description: This paper explores some of the implications of rejecting the hypothesis that successive interest rate changes are independently, identically lognormally distributed on cash flow analysis. Discussions of this paper are included.

Description: It is to be hoped that the demonstration of these formulas, at least for an ordinary whole life policy, will be included in text books on life contingencies. Lidstone's paper is one of the classic papers in JIA analyzing the equity of the British uniform reversionary bonus system. From Transactions of Society of Actuaries 1958, Vol. 19, No. 28.

Description: This paper includes three discussions. The first is about permanent type insurance used as a substitute for group term insurance. The second discussion is about long-term disability experience, offsets and underwriting. The third discussion is about medical care expense insurance including experience, trends, impact of Medicare and COB. From Transactions of Society of Actuaries 1968, Vol. 20 Pt. 2, No. 56

Description: This is a presidential address to the Society of Actuaries by Victor E. Henningsen. From Transactions of Society of Actuaries 1965, Vol. 17, Pt. 1, No. 49.