Description: Discusses the modification of underwriting practices because of the 1951 Medical Impairment Study, classification adjustments, competitive pressures on ratings and expansion of substandard business.

Description: Survey for Life Insurance Utilization of Automated Underwriting systems.

Description: This is a report that summarizes a Survey of Life Insurance Utilization of Automated Underwriting Systems. It was sponsored by the Committee on Life Insurance Research, Marketing and Distribution and Product Development Sections of the Society of Actuaries and the research was conducted by Deloitte. The report covers many aspects of how much industry interest there is for automated underwriting systems, the goals life insurers seek to accomplish in using them, how the automated systems function, and how successfully they perform.

Description: Discusses underwriting classification trends, term vs. permanent mortality experience with and without medical exams, mortality and lapse experience of military personnel, factors in addition to insurability which should be taken into account by underwriters - such as lapse risk. Also discussed are health underwriting and underwriting expenses.

Description: Discussion of the findings of a survey conducted by Deloitte Consulting on the experience insurers were having with automated underwriting. This survey was solicited by the Society of Actuaries' Marketing and Distribution Section Council, the Product Development Section Council and the Committee on Life Insurance Research.