Description: This is about The Federal Register of October 18, 1982 announcement by the Veterans Administration concerning USGLI premiums. The premiums were based on the American Experience Mortality Table at 3 /2% interest which overestimates mortality and underestimates the interest rate. This article discusses the ramifications of this.

Description: This article shows excerpts, edited into Q&A format from FIASCO’s September 1983 front page interview with James C. H. Anderson, conducted in London last summer by this newsletter’s London Correspondent, Gary Chamberlin. The interview addresses Mr. Anderson's beliefs that drastic changes are necessary if the U.S. life insurance industry is to enjoy a fruitful survival into the next century.

Description: A sample is shown of age-adjusted death rates by cause in the United States population, compiled by H.E.W.‘s National Center for Health Statistics, which appear on pages 77-84 of the T.S.A. 1978 Reports distributed November 1979.

Description: This paper raises the following questions regarding mortality and underwriting: How does mortality under term insurance compare with that under permanent insurance? To what extent should large amounts of accidental death benefits be a matter of underwriting concern? What are the pros and cons of issuing triple indemnity benefits as an adjunct of life insurance policies? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This editorial notes that a letter, appearing in this issue of The Actuary,’ may not be alone in maintaining that the vagaries of our regulatory system handicap companies to the point that United States policyholders get poorer value for their premium dollar than do those in other countries.’ The article goes on to discuss guaranteed surrender values, the state regulatory system in the U.S and other topics in addressing this question.

Description: The article is an editorial on annuitant mortality over sixty years, 1923, 1943, 1963 and 1983.

Description: The Financial Accounting Standards Board has developed a data bank containing information about pensions and changing prices, extracted from 1,100 companies’ annual reports.

Description: This article is about war mortality from an 1859 copy of The Spectator, by the Institute of Actuaries, J.I.A. 8 1859, 268-284.

Description: Perhaps readers will send us additions to the following short list of events in the mathematical world associated with years ending in the digits 82. These are taken from IBM’s history chart, “Men of Modern Mathematics.”

Description: This discussion on annuities and settlement options focuses on: A. Revisions made recently in the interest and mortality bases for annuity contracts and retirement income policies and for settlement options embodied in life insurance policies. B. The extent to which the use of settlement options might be justified for payees other than the insured and beneficiaries who are natural persons. C. The practical problems arising in connection with: 1 Requests for elaborate or complicated settlements 2 Liberal settlement option guarantees in outstanding policies