Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This is a discussion of the paper, A Present Value Approach to Profit Margins and Dividends by Harwood Rosser. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: Presents the proposed new valuation table for industrial life insurance to replace the 1941 Standard Industrial Mortality Table, with the specifics of its development. Discussions of this report are also included.

Description: This report presents the results of an experience study.

Description: This paper develops the mathematical formulas for net premiums and reserves for whole life plans in which the benefit is insurance for the face amount plus the net level reserve or plus the Commissioners Reserve or plus the minimum cash value or plus a modified cash value.