Description: This presentation is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. The speakers discuss per policy expenses. Topics include identification of expenses directly dependent on number of policies, impact on determining premium rates and dividend scales, use of policy fees, interaction with other assumptions, and methods in the U.S., Canada, and other countries to grade premiums by policy size.

Description: This discussion presents the following questions: Have any simplified approaches in measuring and controlling expenses of life insurance companies proved practical? What are the current trends in expense rates? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.