Description: The 21st annual 1968 report on the continuing study of the morbidity experience of Group Weekly Indemnity insurance and Group Employee and Dependent Hospital and Surgical Expense insurance. From Transactions of Society of Actuaries 1968 Reports.

Description: In this paper the author discusses the use of splines in graduation and offers a possible improvement of the graduation methods used for the English Life Tables. He offers some illustrations of his ideas. From ACTUARIAL RESEARCH CLEARING HOUSE 1980, VOL. 2.

Description: The Cauchy integral formula is applied to derive various results on divided differences.

Description: This paper is about an actuarial curiosity which arose as part of a larger study exemplified by a two year term life insurance policy. The curiosity is the relationship between the additional premium requirement for a substandard policy and the interest rate assumption.

Description: This 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.

Description: This paper concentrates on the issue of determining interest rates for pricing the guaranteed purchase rates at time of retirement under a group annuity contract, but the technique developed can also be applied to possible variations from expected mortality. A discussion of this paper is included.

Description: This paper develops mathematical transformations of variable interest credit and mortality charge scales to simplify calculation of policyholder cash value accumulation and related amounts. These transformations are of theoretical as well as practical interest. Additionally, they suggest new product designs. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This paper defines a general model for arbitrary units and gives formulas for computing the variance and mean squared error of decrement estimators. It is observed that, in small studies, the mean squared error is reduced by counting lives, even if the probability of death depends somewhat on the amount of insurance. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: The purpose of this paper is to discuss modified cost methods that have been proposed for small-plan valuations, The first portion of the paper deals with criteria for choosing a cost method. The next portions deal with small-plan characteristics and the potential shortcomings of conventional cost methods when applied to these plans. The final portion discusses two classes of modified cost methods that have been proposed for circumventing these shortcomings. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: This paper discusses two different methods of handling ratings under adjustable life policies and compares the advantages and disadvantages of each. From Transactions of Society of Actuaries 1980, Vol. 32.