Description: 1962 SOA Regional Meeting, Jacksonville. This is a discussion about the various impacts on group life insurance of the new Commissioners 1960 Standard Group Mortality Table. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2.

Description: This is a brief status report on progress with accumulating experience for the next study.

Description: This paper studies the statistical theory underlying minimum surplus required to protect a group insurer from the insurance, or C2, risk. Followed by 2 submitted discussion papers

Description: The attached report presents the results of the survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys on risk management practices of US life insurance companies. Both direct individual and group life insurance and reinsurance were included in the survey.

Description: This paper analyzed the deficit risk that an insurer assumes when a group insurance contract is subject to a retrospective experience-rating arrangement. In this paper, a method for quantifying the deficit risk and determining explicitly an appropriate risk charge level is developed.

Description: This paper by John Mereu describes a method for mathematically computing the expected loss under a group life contract in excess of a stated limit. The paper also shows how to compute the variance and standard deviation of the stop-loss claim and suggests how the method can be extended to group insurance benefits where the claim amount per certificate is not fixed. Paper is followed by discussions from several people

Description: Presentation of some of the theory underlying the experience rating process, together with the derivation and evaluation of several functions which are of use in constructing and testing practical surplus distribution formulas. Followed by discussion papers submitted by several authors

Description: The present paper starts with the published experience in the 1968 'Reports', discusses the factors involved in developing a valuation basis from the basic data, and describes the proposed basis so derived. Commutation functions are also developed.

Description: This is the 1960 Report on the mortality and total and disability experience by number of lives for calendar years 1955 through 1959 under group term life insurance policies. Data incudes only those policies with a waiver of premium disability clause, extended death benefit clause and total and permanent disability clause. From Transactions of the Society of Actuaries, 1960 Reports.

Description: 1962 SOA Regional Meeting, Philadelphia. This discussion was about methods that have been used to provide for exposure to higher-than-normal limits of insurance on individual lives in employee groups. Also, mortality experience on group life business was discussed. From Transactions of Society of Actuaries 1962 Vol. 14. pt 2.