Description: This paper first discusses the history of the legislation of the joint and survivor benefits for the uniformed service personnel. It then goes on to address the specific actuarial assumptions made and the formulas developed for applying these assumptions for adaptability to the UNIVAC. This paper closes with specific programming procedures involved in using the UNIVAC.

Description: This is a discussion of the title paper by Eugene A. Rasor and Robert J. Myers. Included is an alternative proof of the theorem provided in the paper.

Description: This section presents and summarizes several insurance-related legal cases from 1954: 1. ACCIDENT POLICY- ACCIDENTAL MEANS: Hartford Accident and Indemnity Company v. Douglass, 2. SUICIDE EXCLUSIONDATE OF ISSUE AND EFFECTIVE DATE: New York Life Insurance Company v. Noonan, 3. INCOME TAX DEFICIENCYGOVERNMENT'S CLAIM AGAINST BENEFICIARY: United States vs. New. 4. BANKRUPTCYPOLICY LOANS MADE AFTER APPOINTMENT OF TRUSTEE: Lake, Trustee vs. New York Life Insurance Company, 5. ANNUITY CONTRAcTRECOVERY OF CONSIDERATION: Massachusetts Mutual Life Insurance Company vs. Hardwick, 6. DOUBLE INDEMNITYWAIVER OF AGE LIMIT: Peninsular Life Insurance Company vs. Howard, 7. DEATH ON POLICY ANNIVERSARYDEDUCTION OF UNPAID PREMIUM: Callahan vs. John Hancock Mutual Life Insurance Company, 8. GOOD HEALTH PROVISIONSUBSTANDARD RISK: Green vs. Acacia Mutual Life Insurance Company, 9. INSURANCE TRUSTTESTAMENTARY DISPOSITION: Gordon v. Portland Trust Bank, 10. MISREPRESENTATION AS TO INSANITYINCONTESTABLE CLAUSE: Arnold vs. Life Insurance Company of Georgia, 11. ACCIDENT INSURANCEBURNING OF BUILDING: Pacific Mutual Life Insurance Company vs. Walt

Description: This discussion examines the following questions: Do current immediate annuity rates reflect present conditions as to mortality, interest, and expense? To what extent do statutory reserves that exceed gross premiums less expenses represent a serious problem? What is being done in the way of using generation type annuity rates for settlement options?

Description: This paper describes the derivation of the ELAS Life Income Mortality Table, which has been adopted by the Equitable Life Assurance Society as the mortality basis for the life income option of the modes of settlement in its current series of policy forms and for the calculation of premiums under currently issued individual deferred annuity contracts.

Description: Provides a methodology for determining the value of the share of a particular individual in a joint and survivor annuity held by a trust.

Description: 1959 intercompany study of mortality under individual immediate and refund annuities issued between 1931 through 1957 and covering experience between anniversaries from 1953-1958.

Description: The life annuity mortality risk is the variation in actual financial experience of a group of annuitants from that expected, attributable to the mortality experience of the group. This paper investigated the mortality risk present in a single life annuity and determine the effect of age, sex, assumed interest rate, mortality table, and form of annuity on this risk. Then, it investigated the mortality risk in various portfolios of annuities. Followed by several discussion papers submitted

Description: The purpose of this paper is to illustrate the effects of projected mortality on the pricing and valuation of individual immediate annuities. Also discusses considerations in underwriting substandard annuities. Finally, a discussion of this paper is included.

Description: Discusses the titled paper by McCarter regarding a new payout annuity mortality table and with projections.