Description: This discussion examines the relationship of Operations Research to the actuarial profession, the extent traditional actuarial work can be regarded as Operations Research, types of life insurance company problems lending themselves to Operations Research study, and the relationship of electronic data processing field to Operations Research.

Description: This discussion reviews changes in practices and procedures which have been made with resulting reduction of expense in connection with the following: Administration and valuation of supplementary contracts, collection of monthly premiums, underwriting of new applicants, and preparation and printing of rare books and policies.

Description: This discussion reviews what companies have done to control and reduce expenses of various types. It also discusses budgeting approaches.

Description: Discusses the successes and difficulties companies have had with the plan, methods most successful in securing bank cooperation, legal issues, persistency experience, etc.