INDEX TO VOLUME XLIX

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1 INDEX TO VOLUME XLIX 269 ACTUARIAL ANALYSIS OF A PROSPECTIVE EXPERIENCE RATING APPROACH FOR GROUP HOSPITAL-SURGICAL-MEDICAL COVERAGE, AN (George E. McLean--Vol. XLVIII ) Discussion By: Roger A. Johnson Author's Review of Discussion ACTUARIAL ASPECTS OF INDUSTRY PROBLEMS Presidential Address: Laurence H, Longley-Cook ACTUARY, TOMORROW'S Invitational Address: Henry S. Beers ALLEN, EDWARD S. SemiDar Report: Package Policy Ratemaking ANALYZING ANNUAL STATEMENTS AND EXPENSE EXItlBITS OF OTHER COMPANIES Seminar Report: Robert G. Espie ANNUAL STATEMENTS AND EXPENSE EXHIBITS OF OTHER COMPANIES~ ANALYZING Seminar Report: Robert G. Espie AVERAGE CLAIM COSTS, HOW CAN ACTUARIAL ANALYSES HELP COMPANY CLAIM DEPARTMENTS CONTROL Seminar Report: Martin Bondy BAILEY, ROBERT A. D!scussion: Size, Strength and Profit (LeRoy J. Simon--Vol. XLIX) BEERS,_HENRY S. Invitational Address: Tomorrow's Actuary BERKELEY, ERNEST T. Discussion: Homeowners--The First Decade (Frederic J. Hunt, Jr.--Vol. XLIX) 37 BEVAN, JOHN R. Discussion: Patterns of Serious Illness Insurance (.Mark Kormes--Vol. XLVIll) 86 BLANCHARD, RALPH H. Book Review: Introduction to Inxurance (Allen L. Mayerson) BONDY, MARTIN Seminar Report: How Can Actuarial Analyses Help Company Claim Departments Control Average Claim Costs BOOK REVIEWS -- SEE REVIEWS OF PUBLICATIONS... '233 BORCH, KARL Paper: Reformulation of Some Problems in the Theory of Risk BUFFINTON, PHILIP G. Paper: The Low Valued Risk -- A Study of the Premium Required for Habitational Risks of Various Policy Amounts CARLETON, JOIIN W. Discussion: Experience Rating Reassessed (Robert A. Bailey--Vol. XLVIll) 90 CARLSON, THOMAS O. Paper: Negative Binomial Rationale CREDIBILITY THEORY, AN INTRODUCTION TO Report: Laurence H. Longley-Cook CURRY, HAROLD E. Panel Discussion: Ratemaking and Pricing in the Marketplace

2 270 INDEX TO VOLUME XLIX (Cont.) DROPKIN, LESTER B- Discussion: An Introduction to the Negative Binomial Distribution and its Applications (LeRoy J. Simon -- Vol. XLIX)... 9 Discussion: Mathematical Limits to the Judgment Factor in Fire Schedule Rating (Kenneth L. Mclntosh--Vol. XLVIII) EselE, ROBERT G. Seminar Report: Analyzing Annual Statements and Expense Exhibits of Other Companies Excess COVERAGES, RATING OF Seminar Report: Matthew Rodermund EXPENSE EXHIBITS OF OTHER COMPANIES, ANALYZING ANNUAL STATEMENTS AND Seminar Report: Robert G. Espie EXPERIENCE RATING APPROACH FOR GROUP HOSPITAL-SURGICAL-MEDICAL COVERAGE; AN ACTUARIAL ANALYSIS OF a PROSPECTIVE (George E. McLean- Vol. XLVIII) Discussion By: Roger A. Johnson Author's Review of Discussion EXPERIENCE RATING REASSESSED (Robert A. Bailey- Vol. XLVIII) Discussion By: John W. Carleton Lewis H. Roberts FAIRBANKS, ALFRED V. Discussion: Recent Trends and Innovations in Individual Hospital Insurance (M, Eugene Blumenfeld- Vol. XLVIII) FIRE SCHEDULE RATING. MATHEMATICAL LIMITS 1O THE JUDGMENT FACTOR IN (Kenneth L. Mclntosh -- Vol. XLVIII ) Discussion By: Lester B. Dropkin Robert L. Hurley Author's Review of Discussions GRAVES, CLYDE H. Discussion: Size, Strength and Profit (LeRoy J. Simon- Vol. XLIX) GROUP HOSPITAL-SURGICAL-MEDICAL COVERAGE, AN ACTUARIAL ANALYSIS OF A PROSPECTIVE EXPERIENCE RATING APPROACH FOR (George E. McLean--Vol. XLVIII) Discussion By: Roger A. Johnson Author's Review of Discussion GUIDES TO PROFESSIONAL CONDUCT of 1963 Year Book GUIDES FOR THE SUBMISSION OF PAPERS of 1963 Year Book HARWAYNE, FRANK Paper: The Latest Reported Sto/:k Insurance Company Expenses for HEWITT, CHARLES C., JR. Discussion: Size, Strength and Profit (LeRoy J. Simon -- Vol. XLIX) HOMEOWNERS -- THE FIRST DECADE Frederic J. Hunt, Jr Discussion By: Ernest T. Berkeley HOSPITAL INSURANCE. RECENT TRENDS AND INNOVATIONS IN INDIVIDUAl. (M. Eugene Blumenfeld- Vol. XLVIII) Discussion By: Alfred V. Fairbanks How CAN ACTUARIAL ANALYSES HELP COMPANY CLAIM DEPARTMENTS CONTROL AVERAGE CLAIM COSTS Seminar Report: Martin Bondy... 67

3 INDEX TO VOLUME XLIX (Coil/.) HUN], FREDERIC J., JR. Paper: Homeowners--The First Decade Discussion: The Low Valued Risk (Philip'G. Buffinton- Vol. XL1X) HURLEY, ROBERT L. Discussion: The Low Valued Risk (Philip G. Buflinton--Vol. XLIX) Discussion: Mathematical Limits to the Judgment Factor in Fire Schedule Rating (Kenneth L. Mc[ntosh--Vol. XLVIII) INDUSTRY PROBLEMS, ACTUARIAL ASPECTS OF Presidential Address: Laurence H. Longley-Cook INTRODUCTION TO CREDIBILrrY THEORY, AN Report: Laurence H. Longley-Cook INTRODUCTION TO THE NEGATIVE BINOMIAL DISTRIBUTION AND ITS APPLICATIONS, AN LeRoy J. Simon... 1 Discussion By: Lester B. Dropkin... 9 Lewis H. Roberts JOHNSON, ROGER A. Discussion: An Actuarial Analysis of a Prospective Experience Rating Approach For Group Hospital-Surgical-Medical Coverage (George E. McLean- Vol. XLVIII) KORMES, MARK Author's Review of Discussion by John R. Bevan (Vol. XLIX) on Patterns of Serious Illness Insurance (Vol. XLVIII) LATEST REPORTED STOCK INSURANCE COMPANY EXPENSES FOR 1961, THE Frank Harwayne LONGLEY-COOK, LAURENCE H. Presidential Address: November 15, Report: An Introduction to Credibility Theory Low VALUED RISK, THE -- A STUDY OF THE PREMIUM REQUIRED FOR HABITATIONAL RISKS OF VARIOUS POLICY.AMOUNTS Philip G. Buffintou Discussion By: Frederic J. Hunt, Jr Robert L. Hurley MCINTOSH, KENNETH L. Author's Review of D!scussions by Lester B. Dropkin and Robert L. Hurley (Vol. XLIX) on Mathematical Limits to the Judgment Factor in Fire Schedule Rating (Vol. XLVIII)... " MCLEAN, GEORGE E. Author's Review of Discussion by Roger A. Johnson (Vo/. XLIX) on An Actuarial Analysis of a Prospective Experience Rating Approach for Group Hospital-Surgical-Medical Coverage (VDI. XLVIII) ~'IATHEMA'I"ICAL LIMITS TO THE J UDGMENT FACTOR IN FIRE SCHEDULE RATING (Kenneth L. Mclntosh--Vol. XLVIII) Discussion By: Lester B. Dropkin Robert L. Hurley Author's Review of Discussions MINUTES Meeeting, May 21, 22 and 23, Meeting, November 14, 15 and 16, MUIR. JOSEPH M. Panel Discussion: Problems of Rating Organizations MULTIPLE PERIL RATEMAKING AND STATISTICAL PROBLEMS Panel Discussion: Seymour E. Smith

4 272 INDEX "170 VOLUME XLIX (Cont.) NEGATIVE BINOMIAL DISTRIBUTION AND ITS APPLICATIONS, AN INTRODUCTION TO THE LeRoy J. Simon I Discussion By: Lester B, Dropkin... 9 Lewis H. Roberts NEGATIVE BINOMIAL RATIONALE Thomas O. Carlson OBITUARIES: Richard Fondiller Maurice L. Furnivall William Leslie Edward Olifiers Michael T. Wermel OBSERVATIONS ON THE LATEST REPORTED STOCK INSURANCE COMPANY EXPENSES FOR 1960 (Frank Harwayne--Vol. XLVIIi) Discussion By: Seymour E. Smith PACKAGE POLICY RATEMAKING Seminar Report: Edward S. Allen PANEL DISCUSSION ON, "RATEMAKING IN THE FUTURE" Ratemaking and Pricing in the Marketplace- Harold E. Curry Problems of Rating Organizations- Joseph M. Muir Multiple Peril Ratemaking and Statistical Problems- Seymour E. Smith PATTERNS OF SERIOUS ILLNESS INSURANCE (Mark Kormes- Vol. XLVIII) Discussion By: John R. Bevan Author's Review of Discussion PRESIDENTIAL ADDRESS--NoVEMBER 15, 1962 Actuarial Aspects of Industry Problems: Laurence H. Longley-Cook PROBLEMS OF RATING ORGANIZATIONS Panel Discussion: Joseph M. Muir PROFIT, SIZE, STRENGTH AND LeRoy J. Simon Discussion By: Robert A, Bailey Clyde H. Graves Charles C. Hewitt, Jr Author's Review of Discussions PROSPECTIVE EXPERIENCE RATING APPROACH FOR GROUP HOSPITAL-SURGICAL- MEDICAL COVERAGE, AN ACTUARIAL ANALYSIS OF A (George E. McLean -- Vol. XLVIll) Discussion By: Roger A. Johnson Author's Review of Discussion RATEMAKING AND PRICING IN THE MARKETPLACE Panel Discussion: Harold E. Curry RATEMAKING, PACKAGE POLICY Seminar Report: Edward S. Allen RATING OF EXCESS COVERAGES Seminar Report: Matthew Rodermund RAI"ING ORGANIZATIONS, PROBLEMS OF Panel Discussion: Joseph M. Muir RECENT TRENDS AND INNOVATIONS IN INDIVIDUAL HOSPITAL INSURANCE (M. Eugene Blumenfeld--Vol. XLVIII) Discussion By: Alfred V. Fairbanks... 69

5 273 ].NDEX TO VOLUME XLIX (Cont.) REFORMULATION OF SOME PROBLEMS IN THE THEORY OF RISK Karl Borch REVIEWS OF PUBLICATIONS ROBERTS, LEWIS H. Discussion: Experience Rating Reassessed (Robert A. Bailey--Vol. XLVIII) 93 Discussion: An Introduction to the Negative Binomial Distribution and its Applications (LeRoy J. Simon--Vol. XLIX)... l0 RODERMUND~ MATTHEW Seminar Report: Rating of Excess Coverages SEMINAR REPORTS: Analyzing Annual Statements and Expense Exhibits of Other Companies-- Robert G. Espie Rating of Excess Coverages- Matthew Rodermund Package Policy Ratemaking--Edward S. Allen How Can Actuarial Analyses Help Company Claim Departments Control Average Claim Costs?--Martin Bondy SERIOUS ILLNESS INSURANCE, PATTERNS OF (Mark Kormes -- Vol. XLVIII) Discussion By: John R. Bevan Author's Review of Discussion SIMON, LEROY J. Paper: An Introduction to the Negative Binomial Distribution and its Applications... 1 Paper: Size, Strength and Profit Author's Review of Discussions Book Review: The Lognormal Distribution (J. Aitchison and J. A. C. Brown) SIZE, STRENGTH AND PROFIT" LeRoy J. Simon Discussion By: Robert A. Bailey Clyde H. Graves Charles C. Hewitt, Jr Author's Review of Discussions SMITH, SEYMOUR E. Discussion: Observations on the Latest Reported Stock Insurance Company Expenses for 1960 (Frank Harwayne--Vol. XLVIII) Panel Discussion: Multiple Peril Ratemaking and Statistical Problems STOCK INSURANCE COMPANY EXPENSES FOR 1961, THE LATEST REPORTED Frank Harwayne STOCK INSURANCE COMPANY EXPENSES FOR 1960, OBSERVATIONS ON THE LATEST REPORTED (Frank Harwayne- Vol. XLVIII) Discussion By: Seymour E. Smith STRENGTH AND PROFIT, SIZE LeRoy J. Simon Discussion By: Robert A. Bailey Clyde H. Graves Charles C. Hewitt, Jr Author's Review of Discussions THEORY OF RISK, REFORMULATION OF SOME PROBLEMS IN THE Karl Borch... TOMORROW'S ACTUARY Invitational Address: Henry S. Beers... " I09

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