Description: This general session discussion looks at: A. Methods available to decide the percentage of the premium that should be used for life insurance, weekly indemnity benefits, hospitalization and surgical benefits. B. Formulas devised for computing contingency reserves for possible losses on mortgage loans and real estate. C. Extent to which companies are using participating forms for the following coverages: 1. Annuities in the benefit stages and/or supplementary contracts involving life contingencies after expiry of the term certain period 2. Family income and other decreasing term rider benefits 3. Extended term insurance D. Methods developed for pricing annuities and settlement options derived from an annuity table without provision for mortality improvement

Description: This 1978 session focused on Group Life Insurance. Questions discussed included: 1. How does current group mortality compare with the 1960 Basic Group Mortality Table? 2. What is the relationship of female to male mortality rates? 3. How do the premium rates of insurance companies compare with the 1960 Basic Group Mortality Table? 4. What group and industry experience indicate the appropriateness of premium discounts and loadings? 5. To what degree are alternative funding approaches utilized for group life insurance? 6. How many life years of exposure are necessary for credibility to be given to the experience of a group? 7. What measures are utilized to hold experience fund deficits to a manageable level for group life? 8. What is the proper reserve for pending or unknown death claims? 9. What is the proper reserve for pending or unknown disability waiver of premium claims? 10. What is the proper reserve for approved waiver of premium claims?

Description: This discussion focuses on the significant aspects of the 1958 mortality experience under group life insurance policies, the significant aspects of the morbidity experience with respect to the various forms of group sickness and accident insurance policies, and the recent experience under individual policies converted from group life insurance or group medical expense insurance plans. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: This panel discussion, which occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C., presented a discussion on management strategies in today's group insurance market. Strategies discussed included: a. Coping with economic cycles, b. The cost shifting problem,c. Organizational structure, d. Administrative requirements, e. Marketing strategies, f. Product design and costs. From Record of Society of Actuaries, Vol. 8, No. 4.

Description: This paper was presented at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. Noting that traditionally, group life insurance has been financed on a yearly renewable term basis, the author discusses the reasons for development of group permanent life insurance and the different funding methods. The author also presents certain analogies with the funding of pension plans, and discusses employee taxability issues under current tax law for the various funding methods. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: The presenters will provide an overview of the current state of the Group Life product space.

Description: Discussion of anticipated marketing and pricing considerations of Group Insurance in the 1980's including: a. Regulatory environment including National Health Insurance b. Economic and growth potential c. Competition including Health Maintenance Organizations d. Technology e. Evolving role of employee benefits f. Products g. Pricing considerations h. Marketing approaches Also, discussion of the 1960's and the 1970's a. Major influences b. Benefit changes c. Alternate funding approaches 2. The 1980's environment a.

Description: This 1977 panel discussion examined the surplus needs of life insurance companies. Topics included: 1. A status report of Trowbridge Committee on Valuation and Related Matters 2. The purpose of surplus 3. The amount of surplus required for group insurance 4. The amount of surplus required for ordinary and group business with a savings element

Description: Presented at June 1996 Spring Meeting. Panelists present the results of the 1985-89 Intercompany Group Life Study. A comparison of the 1985-89 study with other data is made.

Description: This discussion on statistical analysis and group insurance examines the use of Reports of Mortality and Morbidity by smaller companies, practices followed to obtain a satisfactory experience with group accident, sickness and group hospital, surgical and medical coverages. From Transactions of Society of Actuaries 1955, Vol. 7, No. 18.