Description: This is the digest from the informal discussion reviewing the 1951 Impairment study. It is the latest in a series of studies covering mortality of impaired risks. It covers the experience under Ordinary insurance issued from 1935 to 1949 traced to the anniversaries in 1950. Standard and substandard policies were studied separately.

Description: This section presents book reviews and summarizes recent publications on subjects that include U.K. social insurance, financing of hospital care, state examinations of life companies, approximate valuation of life and health insurance, mortality forecasting, and valuing estate tax.

Description: This discussion looked at the recent mortality experience under term insurance plans before and after conversion, as well as evidence of a reversion to the experience of the 1920's and early 1930's in the mortality on large risks. From Transactions of Society of Actuaries 1949, Vol. 1, No. 1.

Description: This document records the discussion on the possibility of a life insurance company entering the accident and sickness field, sources for morbidity experience for rate making, methods for determining total claim reserve and to what extent are medical expense items are insurable.

Description: This informal discussion on surplus focused on examining the prospects for future earnings from the standpoint of interest and expenses, and how amount of surplus available for policy dividends may be estimated. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.

Description: This is a discussion for the paper by Manuel Gelles titled, 'Actuarial Considerations in Cost Analysis'. Commentators add their own perspectives and critiques.