Description: Discussion of how operations research can address some fo the problems in insurance field and home office operations and applications to other types of problems. Can be applied to increasing efficiency of projects and processes.

Description: Presented at the March 1975 Spring Meeting. Discusses whether traditional valuation principles can provide as much financial security in the future as in the past, including GAAP, impact of changing asset values on cash flow, and regulatory developments.

Description: The increasing complexity of our environment and the interdependence of technical skills make it necessary for actuaries to keep up with the rapid expansion of knowledge not only in insurance, pensions and related fields, but also in many other disciplines, such as the theory and practice of investing. This editorial points out that the obvious path to versatility is in continuing education. While the Society of Actuaries education and examination program must adapt to meet these new demands, continuing education will not thrive where new information and new ideas are regarded as impractical or theoretical.

Description: These were discussion papers on the paper, 'The Korean War Hazard' by James T. Phillips.

Description: These are submitted discussion papers on the paper, 'Annuity Mortality' by Walter G. Bowerman.

Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Discussion of Subjects of Special Interest’ addresses the ordinary insurance underwriting topics of “guaranteed issue” and potential antiselection of business insurance vs. personal insurance at time of retirement.

Description: This paper presents considerably detailed death rates according to smoking habits and health status, based on the American Cancer Society Cancer Prevention Study I, which constitutes the largest body of data currently available for the study of smoking habits. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: Discussion of the following underwriting topics: A. What elements are being taken into consideration in current underwriting of risks in or subject to military service? B. What changes have occurred recently in the amount limits for the double indemnity benefit? Is accident insurance considered in applying such limits? C. What underwriting problems have arisen in connection with the income disability benefit which matures the policy at an age such as 65? In what respect is this benefit underwritten differently from the $5 per $1,000 lifetime income disability clause? D. What are the advantages and disadvantages of issuing ordinary insurance at ages over 65?

Description: This paper gives a brief description of the New Mortality Basis for Annuities, shows statistics on recent decreases in mortality rates and supplies projection scales and factors for future mortality decreases. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: Provides a review of the 4th Actuarial Research Conference.