Description: This paper illustrated one approach to the calculation of reserves on group life conversions and alerts the reader to its possible favorable income tax implications under current United States law. Followed by 2 discussion papers submitted

Description: The paper sets forth a procedure, based on actual experience, for determining extra life insurance reserves for term insurance conversion rights for annual statement purposes. Followed by several submitted discussion papers.

Description: This discussion is about how are computers being used for Underwriting of individual policies mortality and morbidity studies, including the derivation of exposures, analysis of claims, etc. From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2

Description: This paper is from the Transactions of Society of Actuaries 1956 Volume 8, Number 20. It was presented at the 1956 Spring Meetings of the Society of Actuaries for discussion. The author presents an outline of how difficulties in the determination of a frequency distribution of the expected costs may be overcome by, in part, applying the concept of using a series of random numbers with a view of making mortality studies for each life in a group of annuitants. The paper also presents the results of some experiments which were designed to discover whether or not the concept could be conducted on an IBM 650 electronic data processing machine.

Description: This discussion at the SOA 1962 Jacksonville and Chicago Regional Meetings focuses on family coverages and associated issues.

Description: This discussion focuses on dividends and raises the following questions: Are the traditional three-factor and experience-premium methods o[ distributing surplus adequate for the achievement of equitable results under present conditions? What other methods are being used or considered? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This is a discussion about new product developments, supplementary benefits - Accidental Death, Guaranteed Insurability and automatic inclusion of supplementary benefits rather than optional, product expense trends, considerations in setting commissions for policies with different characteristics, and analyzing and entering new markets.

Description: This discussion looks at the following questions: How well are the life insurance companies carrying out their responsibilities for providing income to the aged? Is there any theoretical basis for determining the maximum annuity which should be underwritten on one life? How are such limits fixed? From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: This presentation is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. This discussion on technology reviews recent [as of 1955] uses of electronic data processing equipment and major computer installations. The speakers also look at the prospects of joint use of large-scale installations by two or more companies, and discuss specific actuarial activities that can be accommodated by electronic data processing machinery, such as calculation of dividends, cash values, and policy reserves.

Description: The author relates the concepts in the new life contingencies text book to former versions and how statistical theory in the text enhances the education of actuaries.