Description: This article contains reviews of the following books published in 1961: 1. 'Legal Status of Employee Benefit Rights under Private Pension Plans' by B. Aaron, and 2. 'Transition to Multiple-Line Insurance Companies' by D. L. Bickelhaupt. Notices of other articles and publications are also included. From Transactions of Society of Actuaries 1961, Vol. 13, No. 37.

Description: Discussion of issues of particular interest to small insurance companies. Includes the following topics: A. Considerations governing the mortality bases used in determining for ordinary insurance for nonparticipating premium rates and for dividends. Mortality studies available to assess the suitability of available mortality tables or modifications of them. B. Advantages and disadvantages of special termination dividends or special quinquennial dividends. C. Desirability and feasibility of having separate dividend scales for policies which include disability benefits, double indemnity benefits or both. D. Relative advantages of a three-factor dividend system versus an experience premium system. Discussion of how the latter is applied.