Description: The topic of this discussion focused on the new methods of calculation, processing, and valuation using electronic equipment. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: This presentation is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. This discussion on technology reviews recent [as of 1955] uses of electronic data processing equipment and major computer installations. The speakers also look at the prospects of joint use of large-scale installations by two or more companies, and discuss specific actuarial activities that can be accommodated by electronic data processing machinery, such as calculation of dividends, cash values, and policy reserves.

Description: The Forum on Electronic Machines was conducted by the members of the Committee on New Recording Means and Computing Devices. It consisted of summary presentations of selected portions of the Committee's Report entitled Current Status of Magnetic Tape as a Recording and Data Processing Medium, which is to be published by the Society. From Transactions of Society of Actuaries 1955, Vol. 7, No. 18.