Description: This is the presidential address by former President of the Society of Actuaries, Malvin E. Davis. His topic was the current position of the American United States and Canadian life insurance actuary, the problems that face him and the Society of Actuaries, and what the Society should do to address those problems.

Description: There is some reason to believe that the trend of life companies entering the A & S business will continue. Both the public and the government are becoming increasingly aware of the need and desirability for the widest possible coverage against the loss of income because of disability and against the cost of medical care. This should lead to an expansion of the market for A & S insurance which should attract still other companies to the field in the future. Followed by several discussion papers submitted

Description: This article contains reviews of the following books published in 1949: 1. 'Giant Brains or Machines That Think' by Edmund Caliis Berkeley, and 2. 'Statistics, An Intermediate Textbook, Volume I' by N. L. Johnson and H. Tetley. Notices of other articles and publications are also included. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.