Description: This discussion presents the intercompany experience under Standard Ordinary life policies data in groupings and formats not shown in the regular report. The first table shows 1981 - 1986 mortality ratios for grouped ages, split by type of underwriting. The 2nd table shows smoker and non-smoker mortality for 1985 - 1986 by type of underwriting and age groups. The 3rd table shows smoker polices in 1985 as a percent of policies issued by type of underwriting and age groups.

Description: Annual long-term lapse study examining the lapsation of ordinary insurance in the U.S. between 1986 and 1987 policy anniversaries.

Description: This report provides the mortality experience from 1972 to 1977 policy anniversaries on Standard Ordinary Insurance policies.

Description: This paper describes interpolation commutation columns developed which can be used to calculate interpolated reserves and interpolated cash values by formulas which seem to fit into recent developments. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: The Standard Nonforfeiture Law requires that the mortality table and interest rate provided in the policy for the calculation of cash surrender values and of nonforfeiture paid-up insurance be the same, say Basis A. It also contemplates that, if desired, a more stringent Basis B may be provided for calculating the present value of extended term insurance, using mortality rates up to 130% those of Basis A. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.

Description: This section contains book reviews on profit sharing, life insurance, genetic risks and a select current bibliography. From Transactions of Society of Actuaries 1974, Vol. 26, Pt. 1, No. 75 AB.

Description: This is Section 1. Table of Uniform Seniority for Joint Life Calculations based upon the 1958 CSO and CET Mortality Tables. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: This paper develops the theoretical formula for the face amount under the New York Life variable life insurance design, introduced in the paper 'Analysis of Basic Actuarial Theory for Fixed Premium Variable Benefit Life Insurance,' adapted to a daily basis and also provides a simplified approximation of this formula. A formula for daily net premium is also derived.

Description: This report presents a new set of Select and Ultimate Basic Tables. The tables are based on the combined intercompany mortality experience under Standard Ordinary insurance issues observed between 1965 and 1970 policy anniversaries.

Description: This paper develops an equitable and practical method of calculating and assessing the required extra premiums to give insurance protection to those applicants subject to the factor in this latter group which includes most of the accident hazards connected with vocations and avocations. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.