Description: Discussion of financial underwriting issues and methods for individual life insurance. Followed by discussion papers submitted by several authors

Description: This discussion covers the loss experience under superimposed plans compared with comprehensive plans, controls over increasing costs and the use of Relative Value Schedules, and deductible amounts and coinsurance provisions.

Description: This discussion looks at problems encountered in putting new underwriting standards into effect, looks at trends in the current economic situation which are taken into consideration in underwriting the financial aspects of a risk, and the results of comparisons between the mortality experience under uninspected business with that under inspected business.

Description: This paper looks at the development of life insurance premium rates based on their policy size, and the methods for doing so. Discussions of this paper are included.

Description: Series of letters discussing the controversial Gershenson formula for calculating exposures for mortality tables at the end of the observation period.

Description: The purpose of this study is to provide the actuarial profession with a review of the actuarial aspects of cash balance retirement plans and original actuarial research regarding the design and valuation of such plans. This report discusses cash balance plan features and methods to measure the associated risks.

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 examined two interrelated aspects of federal income taxation of life insurance companies. First, a common-sense approach to the Life Insurance Company Income Tax Act of 1959 was developed. Second, marginal tax rates for Phase III companies was developed.

Description: This is the final report of a survey of life insurance companies on the cost of implementing the new principle-based statutory accounting framework.

Description: Research project that assesses the accuracy of commonly used IBNR estimation methods for medical insurance over a wide range of scenarios. The methods are summarized, practical considerations in making the comparisons and the development of the data simulations for the comparisons are discussed.