Description: It is the purpose of this paper to outline the reasoning behind the Catastrophic Accident Hazard and some of the details of a reinsurance arrangement with Lloyds of London for managing this risk. Paper is followed by 2 discussion papers

Description: This paper develops the theory of the measurement of interest rate risks from its foundations, beginning with the question of which asset values market or book are economically relevant and therefore at risk. From Transactions of Society of Actuaries 1985, Vol. 37.

Description: Discussion of types and amounts of benefits continued on retired employees and their dependents, the cost of continuance of pensioner benefits under the group plan and methods of financing benefits during active employment.

Description: This paper presents ratemaking for nonparticipating life insurance including the relationship between gross premiums and profit margins, suitable assumptions, a technique for evaluating in force business and demonstrating results using the methods. The paper is followed by a discussion. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: This paper presents a large number of studies made by The Mutual Life of New York determining the effect on the lapse rates of the various characteristics of the insured, the policy, the agent, and certain economic factors. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: These are the minutes of the meeting held May 24-25, 1962 - very high level summary.

Description: Presentation of proposals that are designed to further improve actuarial education by anticipating educational needs based on future change in the nature of actuarial work. The paper is divided into three sections: I. Current and Past Education of Actuaries II. Actuaries as Customers for Education and III. The Future Educational Needs of Actuaries and How These Needs Might Be Implemented. Followed by several submitted discussion papers.

Description: This section presents book reviews and summarizations of recent publications: 'Regulation of Blue Cross and Blue Shield Plans' by Eilers, 'Changes in Family Medical Care Expenditures and Voluntary Health Insurance' by Anderson, Collette, and Feldman, 'Risk Management' by Snider, 'Smoking and Health: Report of the Advisory Committee to the Surgeon General of the Public Health Service' by Public Health Service. Digests are also included.

Description: In this paper, a mathematical model is constructed to study the deviations of claims, investment performance, operating expenses, and lapse expenses as random stochastic processes. Discussions of the paper submitted by 2 readers follows

Description: This 1960 report presents the results of the investigation of the mortality and withdrawal experience under permanent forms of life insurance policies issued on the attained age basis without medical examination under the Group Life conversion privilege. From the Transactions of Society of Actuaries, 1960.