Description: This is the digest from the informal discussion reviewing the 1951 Impairment study. It is the latest in a series of studies covering mortality of impaired risks. It covers the experience under Ordinary insurance issued from 1935 to 1949 traced to the anniversaries in 1950. Standard and substandard policies were studied separately.

Description: Discusses the need for a new life insurance valuation mortality table to replace the 1941 CSO, the authorization by the NAIC to form a committee to construct such a table, and the preliminary table developed.

Description: This is a discussion about substandard mortality vs. standard mortality and the effects it will have on substandard premiums. Topics included: A. Statistical evidence on the trend of substandard mortality. Does it generally follow the trend of standard mortality? B. Effect this should have on substandard extra premiums. C. Does a lowering of substandard extras require any changes in underwriting rules, either as to the range of substandard classes or as to the ratings applied to some of the major impairments?

Description: This article is part of the Digest of Informal Discussion, which took place at the 1957 Society of Actuaries Eastern Spring Meeting, held March 21-22 in New York City. The article identifies the participants and summarizes each person’s comments. The participants discuss adoption of a new mortality table and the need for deficiency reserves, the impact of new tables on participating and nonparticipating companies, and dividend patterns, whether new tables should be expected to remain an appropriate standard for an extended period, and the question of changing reserve and nonforfeiture interest rates. From Transactions of Society of Actuaries 1957 Volume 9, Number 24.

Description: This is a discussion about various underwriting issues including broadening the standard class at younger ages, overinsurance, mortality experience on guaranteed and automatic issue and taking smoking habits into account in underwriting life insurance risks. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

Description: Discussion of the following underwriting topics: A. In view of the low rates of mortality currently experienced on standard lives, is the standard classification too narrow? B. Do substandard extra premiums at the lower ratings make fair provision for the additional expenses incurred on substandard policies? C. What problems are encountered in issuing life insurance on persons residing outside the continental United States and Canada? D. What changes have been made recently in non-medical selection and why? E. How could greater use be made of mortality or morbidity studies conducted by hospitals, clinics, government agencies, universities and others outside of the life insurance business?

Description: This discussion on mortality studies looks at measures of mortality being used to obtain an accurate portrayal of mortality trends.

Description: This is a discussion of the paper, The Mortality of Industrial Policyholders 1950 to 1955 by Edward A. Lew and Mortimer Spiegelman. From Transactions of Society of Actauries 1957, Vol. 9, No. 24.

Description: Report discussing Table X17, which was developed in cooperation with the National Association of Insurance Commissioners [N.A.I.C.]. From Transactions of Society of Actuaries, 1958 Reports.

Description: This article is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1956 Volume 8, Number 20. The article identifies the participants and summarizes each person’s comments. The participants discuss underwriting for occupations such as aviation, where traditionally additional charges over standard rates have been made. In light of improving mortality from occupational hazards, the participants discuss whether most occupations should be rated standard, and the impact of such changes.