Description: Suggestions have been made that life insurance cash values should depend on the prospective mortality, based on underwriting, of the insured evaluated at the time a cash value is applied for. This paper explores a simple model for determining cash values on such a basis and some practical problems associated with it.

Description: This paper uses a Bayesian approach to persistency to explore retirement cost projection variability. The analysis is divided into two parts. In the first part a subjective population projection model is developed, based on a beta-binomial distribution for the number of participants persisting through a given age. Probability statements regarding such items as the number of participants at a given age and the distribution of retirees are developed. The second part shows how the model might be used to generate confidence intervals for retirement cost projections. Both the single-entry-age case and the multiple-entry-age case are considered. From Transactions of Society of Actuaries 1979, Vol. 31.

Description: This report presents the compilation of data received from life companies responding to a survey on preferred risk underwriting and provides opinions of the Task Force on Preferred Underwriting with respect to future trends.

Description: This is section 2 of the report - Female Extension of the 1958 CSO and CET Mortality Tables. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: This paper concentrates on the issue of determining interest rates for pricing the guaranteed purchase rates at time of retirement under a group annuity contract, but the technique developed can also be applied to possible variations from expected mortality. A discussion of this paper is included.

Description: This report discusses the use of a basic table of net annual claim costs for hospital and surgical expense insurance as adopted by the NAIC in 1956 to be used as a minimum reserve standard for loss-of-time benefits. It is the intention of this paper to outline the characteristics of the table, to discuss the factors which influence reserve considerations, and to describe suitable methods of determining active and disabled life reserves for the types of benefit provisions now most generally offered. From Transactions of Society of Actuaries 1965, Vol. 17, Pt. 1, No. 49.

Description: This is a discussion of the paper, Actuarial Note: The Valuation of Self-Insured Retirement Plans by Joseph C. Noback. From Transactions of Society of Actuaries 1950, Vol. 2, No. 4.

Description: Brief introduction to the 1967 report series by the Committee on Group Life and Health Insurance.

Description: Brief introduction of the Committee's 1973 report on Group Weekly Indemnity Insurance and Group Long-Term Disability Insurance. From Transactions of Society of Actuaries 1973 Reports

Description: The purpose of this paper is to suggest an improved method of future mortality improvement approximation, using the a-1949 Table as the basic table. Comparisons are shown between this method and other methods for annuitants.