Description: Full table of contents for issue number one of volume number one of The Record of the Society of Actuaries. The content in this issue were taken from the Los Angeles, CA meeting held March 20-21, 1975.

Description: This is the abstract of a paper in which the authors develop sixteen separate mortality models based on the current SOA mortality data being used for the preferred life study. The models are constructed using projection pursuit regression. The sixteen models arise from all combinations of sex, smoker status, select and ultimate status, and per life vs. per dollar mortality rates. In general the models confirm the following four facts: 1 Mortality rates increase as attained age increases. 2 Mortality rates increase as duration increases. 3 Mortality rates decrease as Face Amount Bands increase. 4. Mortality rates decrease if preferred underwriting is present.

Description: We propose an age-shift model to modify the LC model and deal with the problem of parameters. The proposed method attains smaller estimation errors with respect to mean absolute percentage error or mean square error. We also apply the proposed age-shift model to the mortality rates of these four countries to evaluate the longevity risk in annuity products by measuring life expectancy.

Description: This abstract describes a paper that considers a Bayesian approach for parameter estimation under a specific PH aging model framework.

Description: This abstract describes a paper that proposes a stochastic population structure model based on the Leslie matrix, in which a Lee-Carter model framework is used to describe the future mortality and fertility changes.

Description: Commentary from Robert Myers regarding the apparent success of the actuarial cost estimating procedure for the Social Security program on its 40th anniversary.

Description: This abstract describes a presentation that relates to determining the next standards applicable for pension plan valuation in Canada, depending upon further decisions to be made by the Actuarial Standard Board-Conseil des norms actuarielles.

Description: The abstract for the paper Seasons and Longevity: Mortality Trajectories among the Oldest Old.

Description: The abstract for the paper The Lee-Carter Model for Forecasting Mortality Revisited.

Description: This is the abstract for the presentation on generalized additive models and mortality modeling: beyond Whitaker-Henderson.