Description: The attached report presents the results of a survey whose purpose was to explore the various uses of technology by life insurance companies. The survey was conducted by the Technology Survey Subcommittee of the Society of Actuaries Life Insurance Mortality and Underwriting Survey Committee. The primary focus of this survey was the impact of technology on mortality studies and underwriting.

Description: This is a general discussion reviewing the adaptation of machines and procedures for small companies utilizing the punch card method. The discussion also explores the topic of a waiver for premium disability in all policies and if current term premiums make fair provision for their share of overhead expenses. From Transactions of Society of Actuaries 1951, Vol. 3, No. 6.