Description: The purpose of this paper is not to present a revolutionary new concept, instead, it is to reexamine a familiar concept in the light of new market circumstances and, to consider the consequences to the life insurance industry if the concept were adopted.

Description: This session from the 1976 SOA Fall Meeting discusses existing and suggested life insurance products - adjustable life - which adjust to changes in need for coverage and changes in ability to pay. It compares adjustable life to universal life.

Description: This presentation was made at the SOA 1975 New York Spring Meeting. It discussed new individual product developments designed to meet the conditions in today's market. This would include underwriting, administrative, and technical problems on such new products as life cycle policies, low cost life, index-linked policies, or policies with special cash values 1975 Record, Vol.1, No.2

Description: The Actuary Vol. 22, No. 3. This article discusses how the advantages of the General Agency system which existed prior to the 1970s have diminished materially. Therefore, European companies should be very cautious with any attempts to emulate the North American-type agency distribution system of the late 1980s.

Description: This panel discussion seeks to answer the following questions: Is the competitive position of smaller companies improving as compared to that of the larger companies? How are companies not offering this policy meeting this competition? Is there a trend toward the seeking of growth by smaller companies through expansion into Group, Accident and Sickness and other fields? From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: This paper, presented at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., provides the results of an experience study of first year lapse and “default” rates on ordinary insurance, where the author, Norman F. Buck, has defined “default” rate as a rate including the sum of first year lapses, not takens, and cancellations as of the issue date. The paper includes written discussion and the author’s review of the discussion. From the 1960 Transactions Vol. 12, No. 33.

Description: Discusses views and findings regarding the U.K.'s investment-linked, life assurance and regulations pertinent to issuers of such contracts.

Description: This article gives an overview of the life insurance business in the United Kingdom and The Netherlands with details about product types and actuarial issues.

Description: A debate among industry giants of whether the life insurance industry in 1977 is entering a period of changes that will affect business in the most fundamental way or whether it's just experiencing normal trials and tribulations.