Description: This is the 1978 report of the experience under certain ordinary waiver of premium benefits between 1959 and 1974 anniversaries.

Description: This reports on a survey that looks at the mortality experience of Industrial policyholders of the Metropolitan Life Insurance Company for the postwar years of 1946 to 1950. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: This is the third report of the study of claim frequencies, charges, and claim costs for a sample of basic Group Hospital and Surgical Expense insurance plans. This report combines data with respect to experience during 1970, 1971, and 1972. From Transactions of Society of Actuaries 1974 Reports

Description: This paper, a study of Canadian life insurance company expenses, is regarded by the author, Arthur Pedoe, as a continuation of his earlier study presented to the Society of Actuaries in 1952 TSA IV, 485. In examining various expense trends the author emphasizes what he feels to be useful, namely an overall expense ratio defined as actual to expected total company expenses. The paper and ensuing discussion explore how expected expenses should be determined, as well as examining trends in group business expenses, among other topics. From 1961 Transactions Vol. 13, No. 35 AB.

Description: This people provides a derivation of continuous and curtate inequalities of life contingent functions and shows how the proofs of the continuous inequalities are of an entirely different nature from the usual proofs for the curtate inequalities Followed by discussion papers submitted by several authors

Description: In this paper, a general model for a pension plan involving growth with respect to the population, salaries, and retirement benefits is used to study contribution patterns that may arise under different actuarial cost methods. Detailed results are presented for the case where the growth of population and the growth of salaries are described by exponential functions. Economic implications are presented and discussed. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: Covers the 1981 - 1982 calendar year mortality experience of retired individuals who are covered under insured pension plans in the United States and Canada.

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 paper deals with the problem of determining the effect on reserves of variations in the assumptions. A general approach to this problem is presented and then used to extend Lidstone's theorem, mainly to cases involving a nonmonotone critical function. 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.