Description: The actuarial profession is faced with a problem of determining delta-ized reserves on a basis which will include appropriate provision for adverse deviations in mortality, lapses, interest rates, and expense rates. This paper describes briefly a method which could be used to solve this Followed by papers submitted by 2 authors problem in a flexible manner.

Description: This paper introduces the modern concepts and definitions of the statistical subject of life testing, and ties them in with corresponding concepts of actuarial science. This paper additionally presents a justification of some common laws of mortality. Discussions of the paper are included.

Description: This paper surveys the actuarial techniques connected with salary scale mathematics for the valuation of defined benefit pension plans. Followed by several discussion papers submitted

Description: The goal of this paper is to develop best possible estimates for the higher moments of a distribution of a positive bounded random variable, such as claim amounts, where these estimates are given in terms of the mean.

Description: This is a discussion of the paper, Frequency Distribution of Mortality Costs by John M. Boermeester, which used a series of random numbers to estimate variables under study.

Description: This paper examines the risks involved with equity investing for pension funds. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: Reports generally display tables of data broken down by many variables. This paper presents a variation of the Whittaker-Henderson graduation method that may be used to graduate such multidimensional data. Followed by several discussion papers submitted

Description: This paper defines a general model for arbitrary units and gives formulas for computing the variance and mean squared error of decrement estimators. It is observed that, in small studies, the mean squared error is reduced by counting lives, even if the probability of death depends somewhat on the amount of insurance. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This paper presents best upper and lower bounds on the expected value of an insurance payment under the terms of a contract written on a random loss with known moments. From Transactions of Society of Actuaries 1991, Vol. 43.

Description: This paper discusses interest rate generators which vary by intended purpose. The primary focus is on fairly elementary generators for studying C-3 risk, with major emphasis on parametric, mean reversionary generators.