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 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 paper develops mathematical transformations of variable interest credit and mortality charge scales to simplify calculation of policyholder cash value accumulation and related amounts. These transformations are of theoretical as well as practical interest. Additionally, they suggest new product designs. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This paper considers in more detail the differences between provisions necessary for nonparticipating and those necessary for participating adjustable life policies and will provide a possible means of designing nonparticipating policies that can adjust directly to future changes in mortality and interest valuation bases. A discussion of the paper follows. From Transactions of Society of Actuaries 1979, Vol 31.

Description: This paper discusses two different methods of handling ratings under adjustable life policies and compares the advantages and disadvantages of each. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: This actuarial note is in the nature of an addendum to the paper describing the development of the Commissioners 1960 Standard Group Mortality Table and the 1961 Standard Group Life Insurance Premium Rates based thereon 'TSA, XIII, 586'. A comparison of Canadian to US mortality is made, with this data being used to develop minimum term premiums for Canada.

Description: This paper summarizes the results of a survey of waiver of premium/monthly deduction rider assumptions and experience.

Description: The Smaller Insurance Company Section, the Committee on Life Insurance Research and the Product Development Section announce the release of a new report on the impact mortality credibility has on principle-based reserves.

Description: This report describes the results of a survey on reflecting risk in pricing. The survey expands on one conducted in 2003 and was expanded to include life, health, P&C, and non-North American insurance companies.

Description: Shows how to use personal information such as medical history, family characteristics, etc. in a logical statistical fashion for the purpose of modifying an existing mortality table to reflect the collected underwriting information.