Description: These discussions at the 1967 New York and New Orleans Regional Meetings are a summary of two workshops - Methods of Computing 'Net Cost' for Ordinary Life Insurance and Life and Health Insurance Plans for Groups with Generally Fewer than Twenty Five Lives. There is also a discussion of a proposed SOA constituional amendment related to public expressions of opinion.

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 discussion examines the average amounts of policies and what steps have proved successful in increasing average amounts of policies sold, counteracting the effects of inflation. Also discussed was the underwriting for preferred risk plans and the persistency of larger policies. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.

Description: This discussion at the SOA 1968 Philadephia and Los Angeles Regional Meetings covers premiuims and dividend determination methods for individual ordinary insurance, new product ideas such as nonsmoker policies, profit analysis methodologies, and methods for comparing products of different companies.

Description: This discussion reviews underwriting and the possibilities of using extra premiums as an alternative to a war clause. Also a discussion of the experience of Great Britain and other countries with war deaths of 1 military personnel and 2 civilians and how this experience might be used to anticipate the extent of possible civilian war catastrophes and their effect on life insurance companies in United States and Canada. This panel further explores problems arising in connection with aviation risks as well as with the underwriting of war correspondents, Red Cross workers, members of the Merchant Marine and other auxiliary services.

Description: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: This paper outlines how derivation of many balance sheet items can be improved both at the year end and at interim shipment dates by a company which utilizes data processing equipment. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.

Description: This discussion looks at the following questions: How well are the life insurance companies carrying out their responsibilities for providing income to the aged? Is there any theoretical basis for determining the maximum annuity which should be underwritten on one life? How are such limits fixed? From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: This discussion looks at the projection factors set forth in the Jenkins-Lew paper and the implications with respect to individual annuities, life income settlement options and group annuities. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.

Description: Topics: Financial strength issues related to formation of new companies, and content of SOA's spring programs and discussion rules.