Description: The purpose of this paper is to introduce a practical method for interpolation and smoothing and give a number of numerical examples using the method. The method is a variation of the Whittaker-Henderson method. Discussions of this paper are included.

Description: This section presents book reviews and summaries of recent publications: 'Fundamentals of Private Pensions, 2d Edition' by McGill, 'Pension Plans under Collective Bargaining...' by American Federation of Labor and Congress of Industrial Organizations, 'New Trends in Pensions' by Pilch and Wood, 'Valuation of Securities Holdings of Life Insurance Companies' by Fraine, 'Report of the Commission on the Cost of Medical Care, Volumes I-IV' by American Medical Association, 'Health Progress in the US, 1900-1960' by Lerner and Anderson. Also includes some digests.

Description: This section presents book reviews and summarizations of recent publications: 'Regulation of Blue Cross and Blue Shield Plans' by Eilers, 'Changes in Family Medical Care Expenditures and Voluntary Health Insurance' by Anderson, Collette, and Feldman, 'Risk Management' by Snider, 'Smoking and Health: Report of the Advisory Committee to the Surgeon General of the Public Health Service' by Public Health Service. Digests are also included.

Description: The purpose of this note is to make available to the profession several morbidity tables constructed by techniques described in the paper Continuance Functions presented in Volume XI of the Transactions. From Transactions of Society of Actuaries 1961, Vol. 11, No. 37.

Description: This discussion on individual sickness and accident insurance looks at the experience under major medical expense contracts with reference to sales, underwriting, claims and administration. The discussion also reviews the safeguards used for underwriting hospital expense coverage beyond age 65 and loss of time coverage for women.

Description: The purpose of this paper is to provide a unified theory for the evaluation of underwriting requirements where this evaluation is based on the measurement of the levels of mortality costs associated with such requirements. A discussion of this paper is included.

Description: Shiu derives two formulas for calculating the probability of eventual ruin in a collective risk model. This paper implements one of the formulas by incorporating an algorithm to reduce round-off error due to convolution. It gives the results of the programs for some claim distributions.

Description: This paper presents discrete interpolation formulas, specifically a new method of deriving some existing formulas. The paper uses graduation theory in the interpolation method. Also include is a discussion of the paper. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: This paper investigates how the concepts of asset-liability matching can be used to shape investment strategy. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: Case Study is used to see how effectively an approach based on combining products can reduce C-3 'interest rate' risk.