Description: Feature article describing a simple and ready solution that allows a hedging program to operate effectively without risk of mismatch due to mortality fluctuations.

Description: This presentation is a concurrent session from the 1980 Meeting of the Society of Actuaries, held April 14-15 in Hartford, Connecticut. The panelists discuss basic concepts, such as definition and reasons for risk classification, availability vs. pricing class, equality vs. equity -special interest groups, appropriate factors for classification, and controllable vs. non-controllable factors. They also discuss American Academy of Actuaries work on risk classification, regulation, future company practice, including preferred risk, non-smoker, guaranteed issue etc., substandard practices, reinsurance, changing trends in underwriting, privacy laws, and related topics. Discussion from participants is included. From the Record of Society of Actuaries, Volume 6, No. 1.

Description: This session reviewed the distinctions and blurring of those distinctions between group and individual life insurance. Topics include differences in underwriting, legal constraints, marketing and distribution, and the nature of guarantees provided

Description: This session, from the June 2000 San Diego meeting of the Society of Actuaries, discussed ways the actuary can help the underwriter. Discussion included: 1. Overview of protective value theory 2.Simplified cost/benefit methods designing efficient underwriting rules.

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.

Description: Discusses the modification of underwriting practices because of the 1951 Medical Impairment Study, classification adjustments, competitive pressures on ratings and expansion of substandard business.

Description: This paper covers two topics of discussion within the insurance field: Medical Expense Insurance and Underwriting. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: Discussion of the selling of life insurance to the middle income market through banks and with the support of new technologies and underwriting processes.

Description: The purpose of this survey was to gather data on how a sampling of the life insurance industry makes decisions involving lab tests. This most significant conclusions were that protective value was the biggest driving force and the chief underwriter played the biggest role.

Description: The current coronavirus pandemic has caused a number of challenges for life insurers and this article summarizes the operational challenges, namely in two areas. First, the article will discuss the challenges companies are facing to collect traditional underwriting evidence and potential short-term solutions used to overcome these limitations. Second, the actions companies are taking to alleviate the financial difficulties customers may have paying premiums will be addressed.