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 issues around guaranteed issue insurance, including companies writing it, restrictions deemed necessary such as preunderwrting as to eligibility, maximum/minimum insurance limits, and minimum number of lives use of special rate bases, dividend classifications, and commission scales expected experience and tendency of better risks to terminate and impaired lives to remain. From Transactions of Society of Actuaries 1956 Volume 8, Number 21.

Description: This discussion focuses on underwriting for war risk including antiselection issues, the advantages and disadvantages of a permanent war clause in policies, and insuring combat and non-combat related aviation hazards.

Description: This report, the second such report, presents the compilation of data received from life companies responding to a survey on preferred risk underwriting and provides opinions of the Task Force on Preferred Underwriting with respect to future trends.