Description: This is a brief summary on the panel discussion about accreditation, at which it was announced that 3 actuarial organizations had approved the organization of the Academy of Actuaries.

Description: This is a greatly condensed summary of the panel discussion of Robert B. Mitchell's book, 'From Actuarius to Actuary, The Growth of a Dynamic Profession in Canada and the United States,' and is intended merely to convey some idea of the interesting colloquy which took place. From Transactions of Society of Actuaries 1974, Vol. 26, Pt. 2D, No. 76.

Description: This is the financial report prepared for the Society of Actuaries for fiscal year ending May 31, 1951.

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 paper examines retirement plans and opportunities for self-employed individuals, particularly addressed is the pending Keogh bill. From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This is a discussion about substandard mortality vs. standard mortality and the effects it will have on substandard premiums. Topics included: A. Statistical evidence on the trend of substandard mortality. Does it generally follow the trend of standard mortality? B. Effect this should have on substandard extra premiums. C. Does a lowering of substandard extras require any changes in underwriting rules, either as to the range of substandard classes or as to the ratings applied to some of the major impairments?

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: This discussion looks at the following questions: How well are the life insurance companies carrying out their responsibilities for providing income to the aged? Is there any theoretical basis for determining the maximum annuity which should be underwritten on one life? How are such limits fixed? From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: This general discussion focused on: A. The increase on maximum limits on single premiums accepted based on investment conditions, B. Steps a smaller company might take to meet the current demand for pension plans, C. The extent to which companies have: 1. Transferred to their field or district offices functions which had previously been performed in the home office 2. Transferred to the home office or to central collection offices functions which had previously been performed in agency offices D. Steps taken to revise or supplement company retirement plan benefits to recognize higher salary scales and the possibility of still further inflation, E. The advantages and disadvantages of the Bank Loan Plan under which a policyholder purchases a limited payment life policy and borrows part of the premium from a bank, and F. Changes which have been made in War Exclusion Riders, Disability and Double Indemnity provisions.

Description: This presentation is from the Digest of Informal Discussion, Transactions of Society of Actuaries 1955 Volume 7, Number 17. The speakers discuss per policy expenses. Topics include identification of expenses directly dependent on number of policies, impact on determining premium rates and dividend scales, use of policy fees, interaction with other assumptions, and methods in the U.S., Canada, and other countries to grade premiums by policy size.