Description: This paper, presented at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., provides the results of an experience study of first year lapse and “default” rates on ordinary insurance, where the author, Norman F. Buck, has defined “default” rate as a rate including the sum of first year lapses, not takens, and cancellations as of the issue date. The paper includes written discussion and the author’s review of the discussion. From the 1960 Transactions Vol. 12, No. 33.

Description: Discusses views and findings regarding the U.K.'s investment-linked, life assurance and regulations pertinent to issuers of such contracts.

Description: This article gives an overview of the life insurance business in the United Kingdom and The Netherlands with details about product types and actuarial issues.

Description: This session at the SOA 1990 Annual Meeting looks at the future of nontraditional actuarial practice in the year 2000 including the areas and external factors creating these jobs and the education, experience and preparation that the actuary will need.

Description: A debate among industry giants of whether the life insurance industry in 1977 is entering a period of changes that will affect business in the most fundamental way or whether it's just experiencing normal trials and tribulations.

Description: Conceptual discussion of the financial crisis in our life insurance distribution systems including the cost of developing an agent, the retention of the agent and production/productivity of the agent and agent compensation issues

Description: This session from the 1976 SOA Spring Meeting covers the actuary's role and responsibilities with respect to life insurance company invested assets including the development of investment policy and the implications for pricing, reserving, guaranteed cash values and policyholder.

Description: This is a discussion on the future profit outlook for non-participating life insurance. It highlights the historic trends in profitability how these trends will be different in the future what can be done to protect future profitability and the prospect for non-participating life insurance in an inflationary environment.

Description: This report explores ratemaking, examines the relationship of gross premiums and profit margins, suggests criteria for measuring contingency and profit margins, discusses the types of assumptions suitable for calculating nonparticipating rates and presents the mathematical technique to determine the premium. A discussion of the paper follows.

Description: This paper presents ratemaking for nonparticipating life insurance including the relationship between gross premiums and profit margins, suitable assumptions, a technique for evaluating in force business and demonstrating results using the methods. The paper is followed by a discussion. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.