Description: The author relates the concepts in the new life contingencies text book to former versions and how statistical theory in the text enhances the education of actuaries.

Description: The paper sets forth a procedure, based on actual experience, for determining extra life insurance reserves for term insurance conversion rights for annual statement purposes. Followed by several submitted discussion papers.

Description: This discussion focuses on dividends and raises the following questions: Are the traditional three-factor and experience-premium methods o[ distributing surplus adequate for the achievement of equitable results under present conditions? What other methods are being used or considered? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This paper discusses the calculation of minimum statutory non-forfeiture values for annuity contracts with stipulated annual payments under which contractual values are based on the 1937 Standard Annuity Table.