Description: A. Discusssion of the practical considerations involved in deciding whether or not to adopt projected mortality rates in connection with individual annuities, settlement options, retirement income policies, and the various forms of group annuities. B. In view of increased administrative expenses, discussion of the arguments for and against imposing limitations on the granting of settlement options with respect to size of policy, including the practicality of providing for the expense of administering supplementary contracts other than through the use of conservative mortality and interest assumptions.

Description: This is a discussion about how actuaries have become more and more involved in work outside what may be considered traditional actuarial functions. From Transactions of Society of Actuaries 1969, Vol. 21 Pt. 2, No. 59.

Description: Discusses the significant historical facts and trends in the development of Individual Health and Accident Insurance business, the types of benefits offered by various carriers, and in what ways the purposes, problems and practices of health and accident insurance relate to those of life insurance.

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: Presented at November 1952 Annual Meeting. Discusses some societal issues affecting the insurance business: war hazard, inflation, and taxation. Also discusses efforts to explain the profession and the prior year's activities within the profession.

Description: This article is part of the Digest of Informal Discussion, which took place at the 1956 Society of Actuaries Eastern Spring Meeting, held April 19-20 in Hartford, CT. It identifies the participants and summarizes each person’s comments. The participants discuss various underwriting topics, including larger amounts of insurance and higher limits on premium waiver and accidental death benefits, larger non-medical limits, impairments, substandard underwriting classes, and aviation risks. From Transactions of Society of Actuaries 1956 Volume 8, Number 21.

Description: Discussion of the following topics pertaining to disability income and other health insurance: 1. What portions of the loss of income and of the expenses incurred are properly insurable? 2. What special problems are encountered in providing suitable coverage for the following: a Employees and dependents eligible under Group plans b Individuals employed or not employed and their dependents ineligible under Group plans c Aged persons. 3. Methods for companies to meet the problems of overinsurance arising from duplication of coverage or from other causes?

Description: This discussion looks at principles which should govern the determination of the respective proportions of earnings to be allocated to policyholders and stockholders, the level of contingency reserves and surplus which should be maintained, and looks at the extent to which the mandatory Security Valuation Reserve should affect the level of unassigned surplus.

Description: Discusses potential of imminent war, magnitude of risk, opinions regarding exclusion vs. inclusion of coverage in life policies, and anti-selection issues.

Description: This discussion looks at the preparation of the annual statement on a new form, the difficulties of meeting the requirement to report both incurred and cash entries, the problems which have arisen as result of the requirement that net capital gain or loss be split between realized and unrealized, and the effect the continued requirement of a Security Valuation Reserve prescribed by the NAIC will have on matters such as dividend apportionment and reserve strengthening.