Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Discussion of Subjects of Special Interest’ addresses actuarial considerations relating to determining the maximum amount of coverage on an individual, and practical arrangements for issuing group insurance in large amounts at low cost.

Description: This is the presidential address by former President of the Society of Actuaries, Malvin E. Davis. His topic was the current position of the American United States and Canadian life insurance actuary, the problems that face him and the Society of Actuaries, and what the Society should do to address those problems.

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: The Committee's charge was to develop new disability tables for possible adoption by appropriate authorities for valuation of individual policy reserves, i.e. active life reserves, and individual and group claim reserves for disabled lives. It was generally agreed that the current valuation table, the 1964 Commissioner’s Disability Table, ‘1964 CDT,’ was no longer appropriate for several reasons. This paper presents the detailed results of the committee's findings and their recommendations. From the 1985 Transactions, Vol. 37.

Description: Report covering the intercompany experience under standard Ordinary insurance issues between 1950 and 1951 anniversaries.

Description: This discussion looks at: what period or combination of periods could reliably be used for valuation purposes, if the practice of applying the rate of disability to mixed lives in the construction of monetary tables is appropriate, and problems from the use of the assumed date at commencement of disability as contrasted with the use of the date at the end of the waiting period.

Description: This paper, presented by Gordon J. Munro at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., determines monetary functions of group annuity mortality based on the Ga-1951 Male Table, projected to 1960 by Projection Scale C. Includes discussion and errata sheet. From 1960 Transactions Vol. 12, No. 33.

Description: This discussion looks at the developments in connection with the 1958 CSO Table and the anticipated effects on the adoption of the table on the life insurance business. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

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, using the results of the 1951 mortality study on female life insurance beneficiaries receiving settlement options, where the face amount of insurance proceeds is converted to an annuity, quantifies the mortality differences between those electing an option who tend to have better mortality, and payees who have no option. In this paper the author determines the appropriate age setbacks for the payees electing an option, based on the actual mortality statistics.

Description: This is a discussion about the issues smaller companies face with the 1958 CSO table and recent actions.