Description: This general session discussion looks at: A. Methods available to decide the percentage of the premium that should be used for life insurance, weekly indemnity benefits, hospitalization and surgical benefits. B. Formulas devised for computing contingency reserves for possible losses on mortgage loans and real estate. C. Extent to which companies are using participating forms for the following coverages: 1. Annuities in the benefit stages and/or supplementary contracts involving life contingencies after expiry of the term certain period 2. Family income and other decreasing term rider benefits 3. Extended term insurance D. Methods developed for pricing annuities and settlement options derived from an annuity table without provision for mortality improvement

Description: This article contains reviews of the following books published in 1960: 1. 'Health Insurance' by E. J. Faulkner, 2. 'The Elements of Group Insurance' by G. N. Watson, 3. 'Legal Protection of Private Pension Expectations' by E. W. Patterson, and 4. 'Economic and Financial Aspects of Social Security' by J. H. Richardson. Notices of other articles and publications are also included. From Transactions of Society of Actuaries 1961, Vol. 13, No. 35 AB.

Description: Summary of panel discussion which looked at the implications for life insurance companies of the increasing interest in equity forms of savings, as evidenced by the growth of mutual funds, employer sponsored employee thrift plans and the establishment of installment purchase plans for common stocks.