Description: This article provides comments on some of the economic and demographic forecasts in the 1976 OASDI Report Social Security.

Description: This discussion looks at the actuary shortage and solutions. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: This paper describes the development and construction of persistency tables for use by the actuary in valuing future expenses and in various types of forecasting. From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This study develops mortality ratios, using contemporary population tables as the base, for the 897 Fellows of the two predecessor bodies to the present Society observed to anniversaries in 1985. A discussion of the paper follows. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: The panel provided a basis for discussing the implications of the new tax code to life insurance and associated products, including annuities and accident and health insurance, but no discussion of the taxation of insurance companies.

Description: This paper, a study of Canadian life insurance company expenses, is regarded by the author, Arthur Pedoe, as a continuation of his earlier study presented to the Society of Actuaries in 1952 TSA IV, 485. In examining various expense trends the author emphasizes what he feels to be useful, namely an overall expense ratio defined as actual to expected total company expenses. The paper and ensuing discussion explore how expected expenses should be determined, as well as examining trends in group business expenses, among other topics. From 1961 Transactions Vol. 13, No. 35 AB.

Description: The authors comment on James C. Hickman's paper about the Social Security decoupling issue. Decoupling generally refers to the separation of the procedures used to determine benefits for future recipients from those that adjust benefits for current recipients.

Description: The author of this article, The Actuary’s editor, notes that this article is a capsule of what may be called “the Angle/Bladen theme.” John C. Angle spoke at Hartford in April 1980 see the Record for that meeting, pp. 188-193. His investment colleague, Ashby Bladen, addressed our Annual Meeting in Montreal last October 1980. Their observations were about mutual life insurance in the United States. The article notes that the current economic environment, with interest rates “far outside the familiar 3% to 6% range,” is a difficult one for life insurers and their traditional products, that we are becoming less conservative when the risk of serious economic trouble is rising, and “a satisfactory future depends on restoring stability, not upon trying to learn how to cope with instability.”

Description: This discussion at the San Francisco and Washington 1966 Regional Meetings covers three topics - Disability Benefits under Life or Health Insurance Policies, Changes in Individual Medical Expense Insurance in the Light of Medicare, and Optional Modes of Settlement.

Description: This discussion on annuities and settlement options focuses on: A. Revisions made recently in the interest and mortality bases for annuity contracts and retirement income policies and for settlement options embodied in life insurance policies. B. The extent to which the use of settlement options might be justified for payees other than the insured and beneficiaries who are natural persons. C. The practical problems arising in connection with: 1 Requests for elaborate or complicated settlements 2 Liberal settlement option guarantees in outstanding policies