Description: This discussion seeks to determine if: 1. Is there justification for paying higher rates of commissions to experienced agents? 2. Is grading of commission rates by size of policy appropriate for Ordinary insurance? 3. In what ways have normal commission scales been modified in connection with the sale of permanent insurance on the minimum deposit plan? 4. What practical methods are available to maintain consistency between the levels of commission payments for pension plans funded by means of individual policies and group annuities?

Description: This discussion at a SOA 1967 Regional Meeting covers individual life and health insurance topics including individual health loss of time coverages, life underwriting, reinsurance, individual annuity retirement plans in Canada, market testing new products.

Description: This report presents multiple book reviews with chapter by chapter detail: 'Our Yesterdays: the History of the Actuarial Profession in North America, 1809-1979' by E. J. Moorhead, 'Actuarial Mathematics' by Bowers, Gerber, Hickman, Jones and Nesbitt, 'Actuarial Projections for the Old-Age, Survivors, and Disability Insurance Program in the United States of America' by Andrews and Beekman, 'An Introduction to the Mathematics of Finance' by McCutcheon and Scott, 'On the Trail of Actuaries in Texas, 1844-1964' by Friedman and Friedman. 'From Transactions of Society of Actuaries 1988, Vol. 40, Pt. 2.

Description: This session was an open discussion which occurred at the SOA's May 1976 Meeting in Houston of the 'Report on Actuarial Principles and Practical Problems with Regard to Nonforfeiture Requirements.' It also contains a summary of written responses to the report, developments and recent work in the nonforfeiture area. From Record of the Society of Actuaries 1976, Volume 2, No. 2.

Description: This general discussion looks at the results derived from the 15th International Congress of Actuaries and the legislations adopted in Canada and proposed in the U.S. giving favorable tax treatment to pension contributions by the self-employed. From Transactions of Society of Actuaries 1958, Vol. 10, No. 26.

Description: A copy of a recent 1967 ruling of the New York Insurance Department on the treatment of graded premium policies in Schedule Q.

Description: This discussion at the 1967 Annual Meeting is about issues facing new companies including the areas of marketing, personnel, capital and surplus, financial projections, and communications.

Description: This paper, a study of Canadian life insurance company expenses, is regarded by the author, Arthur Pedoe, as a continuation of his earlier study presented to the Society of Actuaries in 1952 TSA IV, 485. In examining various expense trends the author emphasizes what he feels to be useful, namely an overall expense ratio defined as actual to expected total company expenses. The paper and ensuing discussion explore how expected expenses should be determined, as well as examining trends in group business expenses, among other topics. From 1961 Transactions Vol. 13, No. 35 AB.

Description: This panel discussion focuses on valuation and nonforfeiture developments. Topics covered include purpose of Society's Committee on Valuation and Related Problems, current valuation regulatory developments, industry studies in the United States, report of the Society's Special Committee on Nonforfeiture Laws, annuity nonforfeiture values, and sex-distinct mortality tables for valuation and nonforfeiture purposes.

Description: This informal discussion looks at the study of Section 213: What problems are involved, and along what lines does the greatest promise of satisfactory solutions lie. From Transactions of Society of Actuaries 1950, Vol. 2, No. 2.