Description: This session at the SOA 1962 Jacksonville and Chicago Regional Meetings discussed the investment year method. Considerations with respect to taxes, capital gains and line of business other than group annuity were discussed.

Description: This discussion covered: 1. The extent to which companies' net earned interest rates have risen above their low points from that of several years ago and 2. The NAICs' new method of dividing amortizable bonds into two classes in the valuation of securities

Description: This article from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17, identifies the participants and summarizes their comments. The discussion topics include: comparison of the new Canadian and U.S. convention blank annual statements whether there are any differences significant enough to cause undesirable lack of uniformity difficulties encountered in compiling the Canadian statement by line of business and geographic subdivision and problems which may be anticipated in the preparation of annual statements by reason of Regulation No. 33 of the New York Insurance Department.

Description: Review of methods for reserving for pre paid premium deposits under supplementary contracts attached to life insurance products, when the guaranteed interest rate for such deposits exceeds the currently available interest rates for investing such deposits

Description: This discussion looks at the preparation of the annual statement on a new form, the difficulties of meeting the requirement to report both incurred and cash entries, the problems which have arisen as result of the requirement that net capital gain or loss be split between realized and unrealized, and the effect the continued requirement of a Security Valuation Reserve prescribed by the NAIC will have on matters such as dividend apportionment and reserve strengthening.

Description: This is a discussion of the paper, 'The New Standard Ordinary Mortality Table' paper by Sternhell.

Description: This paper looks at using an age adjustment to provide for anticipated future mortality improvements based on Ga-1951 Male Table. The use of a simple setback in age to provide for improving mortality has proven to be quite satisfactory and eliminates the expense of calculation and maintenance of voluminous projected tables. Followed by several discussion papers submitted

Description: This discussion looks at the developments in connection with the 1958 CSO Table and the anticipated effects on the adoption of the table on the life insurance business. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: This general session discussion looks at: A. Methods available to decide the percentage of the premium that should be used for life insurance, weekly indemnity benefits, hospitalization and surgical benefits. B. Formulas devised for computing contingency reserves for possible losses on mortgage loans and real estate. C. Extent to which companies are using participating forms for the following coverages: 1. Annuities in the benefit stages and/or supplementary contracts involving life contingencies after expiry of the term certain period 2. Family income and other decreasing term rider benefits 3. Extended term insurance D. Methods developed for pricing annuities and settlement options derived from an annuity table without provision for mortality improvement

Description: This paper discusses gain and loss analysis for group insurance under the following headings: Nomenclature and General Principles, Sources of Gain and Loss under Theoretical Conditions, Gains and Losses Arising in Practice, Comparison with Annual Statement Results and Effects of Changes in the Company's Dividend Formula. Discussions of this paper are included.