Description: This discussion looks at the extent smaller companies have adopted the practice of financing new agents and general agents as well as to what extent smaller companies make studies by individual agencies withing policy types, persistency rates, average size of policy, expense rates, and mortality rates. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: Discussion about: A. New forms of policies and riders, and new options which have been introduced and their level of success, B. Changes in the use of: i Settlement options? ii Special conversion options? iii Automatic premium loans? C. Recent changes in settlement option bases D. The experience of smaller companies with respect to replacement problems, and compliancecwith state replacement regulations? Discussion about new forms of policies, changes in the use of settlement options and what other smaller companies are doing about replacement problems.

Description: The authors of this paper chose to consider a coterminous endowment insurance where the cash value is equal to the net level reserve. They wish to determine the relationship between the rate of increase in the cash value and the rate of increase in the amount of paid-up insurance purchased by the cash value. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.