Description: Discusses 1. the impact of increased yields on new investments on premiums, dividends and policy values, 2. the criteria of equity which should be observed when different basic assumptions or underwriting standards are employed for different plans, 3. pricing of substandard policies, 4. handling situations where premium payments aggregate more than the face amount, and 5. recognizing mortality trends in pricing settlement options.

Description: This discussion examines the changes made in underwriting limits and new business expenses, operational changes to improve the valuation process, the use of technology, and the effect of field sales offices also being a point of premium collection.

Description: This discussion looks at expense rates, inflation, and its effect on premiums. Also discussed are the issues that insurance companies may face as a result of the threat of severe manpower shortages.

Description: This discussion on group coverage covers contingency reserves, pool assessments related to war risks, interest assumptions for group annuities, annual statement handling of group deposit administration business, disability provisions of pension plans, and conversion to individual policies upon termination from a group plan.

Description: This general discussion focused on: A. The increase on maximum limits on single premiums accepted based on investment conditions, B. Steps a smaller company might take to meet the current demand for pension plans, C. The extent to which companies have: 1. Transferred to their field or district offices functions which had previously been performed in the home office 2. Transferred to the home office or to central collection offices functions which had previously been performed in agency offices D. Steps taken to revise or supplement company retirement plan benefits to recognize higher salary scales and the possibility of still further inflation, E. The advantages and disadvantages of the Bank Loan Plan under which a policyholder purchases a limited payment life policy and borrows part of the premium from a bank, and F. Changes which have been made in War Exclusion Riders, Disability and Double Indemnity provisions.

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 group life and health insurance, including modifications of standard underwriting controls and administration practices for groups of less than 25 lives claim experience and other matters relating to those smaller groups the experience of companies writing hospital plans new forms of group accident and sickness benefits [e.g. major medical] and experience on conversions of group accident and sickness. From Transactions of Society of Actuaries 1956 Volume 8, Number 21.

Description: These discussions at the 1959 Atlanta and San Francisco Regional Meetings focus on expense saving from pre-authorized check and salary allotment business, loading for expected profit in non-participating premiums, and the problems associated with the option of using dividends to purchase one year term insurance.

Description: These discussions at the 1959 Atlanta and San Francisco Regional Meetings look at underwriting issues including mortality experience under guaranteed issue, trends in salary allotment plans, underwriting expense, and mortality experience as a result of higher nonmedical limits.

Description: Topics will include the tricorder, telomeres and more

Description: This discussion reviews underwriting and the possibilities of using extra premiums as an alternative to a war clause. Also a discussion of the experience of Great Britain and other countries with war deaths of 1 military personnel and 2 civilians and how this experience might be used to anticipate the extent of possible civilian war catastrophes and their effect on life insurance companies in United States and Canada. This panel further explores problems arising in connection with aviation risks as well as with the underwriting of war correspondents, Red Cross workers, members of the Merchant Marine and other auxiliary services.