Description: This section contains book reviews and summarizes recent publications: 'Rights of Creditors in Life Insurance Policies' by Schwarzschild, 'Savings Bank Life Insurance' by Johnson, 'Transferability of Public Employee Retirement Credits among Units of Government' by Advisory Commission on Intergovernmental Relations, 'State and Private Pension Schemes in the European Economic Community and the United Kingdom' by Ratcliff, 'Surplus in British Life Assurance' by Cox and Storr-Best, 'Psychiatric Insurance - Financing Short-Term Ambulatory Treatment' by Avnet. Some digests are also included.

Description: This is the table of contents.

Description: This study examines individual universal life persistency. This report shows annualized results based on data from calendar years 1988, 1990, and 1992. The purpose of this study is to examine universal life lapsation and persistency by selected policy, agent, insured, and product characteristics.

Description: This report presents the 1991 and 1992 calendar-year experience of retired individuals in the United States, who are covered under group pension contracts issued in the United States and Canada. Data for calendar-years 1987 through 1990 are also included to provide a comparison with 1991 and 1992 experience and to provide information on mortality trends over time.

Description: This paper discusses three methods for the amortization of deferred acquisition expenses, DAC and the results when actual experience differs significantly from that assumed. The methods include a static approach with prescheduled amortization, a dynamic technique called the expense reserve factor method, and an aggregate or accumulated premium revenue method. A discussion follows the paper. From Transactions of Society of Actuaries 1978, Vol. 30.

Description: This paper discusses adjustable life insurance and certain theoretical problems of these policies. It also covers how the Commissioners Reserve Valuation Method, CRVM, may be extended to cover adjustable life policies and defines formulas for the additional expense allowance at the time of change. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This paper presents population hospital utilization data concerning the proportion of total hospital days that is due to injury and the proportion of total hospital days that is spent in intensive care units for use in obtaining reserve factors. The paper also presents continuation data for hospitalizations. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This paper proposes a new mortality table as a minimum reserve standard for individual annuities - the 1971 Individual Annuity Mortality Table, '1971 IAM Table,' which is given herein. The construction of the new table is described and it is compared with current valuation standards.

Description: This is a joint session with Casualty Actuarial Society about individual health insurance plans. Topics include reflecting increasing costs in premium renewals, coverage of mental illness, morbidity studies and agents' remuneration. From Transactions of Society of Actuaries 1963, Vol. 15 Pt. 2

Description: This discussion is about how are computers being used for Underwriting of individual policies mortality and morbidity studies, including the derivation of exposures, analysis of claims, etc. From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2