Description: From the 1960 Transactions Vol. 12 No. 32, this article is a discussion of the paper ‘Introduction to Nonproportional Reinsurance,’ by Herbert L. Feay, which also appears in this volume of the Transactions. The contributors to the discussion provide their comments with respect to the author’s paper, raising some questions, but generally finding the paper an excellent introduction to a complex and not well explored field, at least from the perspective of life actuaries. The author, in his reply to the discussion, emphasizes that the paper was meant as an introduction to stimulate further work in this field.

Description: This discussion is about the increasing unit expense rates even in light of increases in insurance amount, simplified procedures and greater mechanization, methods to allocate agency expenses in to the premium structure and the importance considerations in determining the level of gross premiums. From Transactions of Society of Actuaries 1961 Vol. 13 pt. 2

Description: This is a discussion about smaller health insurance companies and if they are able to compete successfully in individual health insurance. Also included is a discussion regarding agency development. From Transactions of Society of Actuaries 1963 Vol. 15 Pt. 2

Description: Discusses cost-benefit decision-making for acquiring electronic data-processing equipment and installation issues, ability of small companies to compete in pension trust arena, effectiveness of various agency compensation programs in stimulating sales and improving persistency, success of sales to substandard risks and rating methods, and pricing, reinsurance and experience with individual hospital and medical policies.

Description: This presentation is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. This discussion on technology reviews recent [as of 1955] uses of electronic data processing equipment and major computer installations. The speakers also look at the prospects of joint use of large-scale installations by two or more companies, and discuss specific actuarial activities that can be accommodated by electronic data processing machinery, such as calculation of dividends, cash values, and policy reserves.

Description: This discussion explores lapse experience on business financed at or near issue through policy or bank loans, the amount such financed business is increasing or decreasing, and the extent the exercise of the Fifth Dividend Option in practice is being confined to policyholders interested in minimum deposit policies.

Description: The topic of this discussion focused on the new methods of calculation, processing, and valuation using electronic equipment. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: This discussion looks at the role of the actuary in electronic data processing and if the actuary is in touch with recent developments. The panel also discusses the likely permanent role in this field for the actuary and how much does this permanent role depend on operations performed by computers. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: This discussion looks at the approach for applying electronic computers to the operating practices of a company.

Description: These discussions at the Jacksonville and Chicago SOA 1962 Regional Meetings covered topics ranging from sales of health insurance by life agents to requirements for production clubs to products for the tax sheltered annuity market.