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... 81 Author's Review of Discussion... 81 ACTUARIAL ASPECTS OF INDUSTRY PROBLEMS Presidential Address: Laurence H, Longley-Cook... 104 ACTUARY, TOMORROW'S Invitational Address: Henry S. Beers... 56 ALLEN, EDWARD S. SemiDar Report: Package Policy Ratemaking... 66 ANALYZING ANNUAL STATEMENTS AND EXPENSE EXItlBITS OF OTHER COMPANIES Seminar Report: Robert G. Espie... 63 ANNUAL STATEMENTS AND EXPENSE EXHIBITS OF OTHER COMPANIES~ ANALYZING Seminar Report: Robert G. Espie... 63 AVERAGE CLAIM COSTS, HOW CAN ACTUARIAL ANALYSES HELP COMPANY CLAIM DEPARTMENTS CONTROL Seminar Report: Martin Bondy... 67 BAILEY, ROBERT A. D!scussion: Size, Strength and Profit (LeRoy J. Simon--Vol. XLIX)... 49 BEERS,_HENRY S. Invitational Address: Tomorrow's Actuary... 56 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)... 233 BONDY, MARTIN Seminar Report: How Can Actuarial Analyses Help Company Claim Departments Control Average Claim Costs... 67 BOOK REVIEWS -- SEE REVIEWS OF PUBLICATIONS... '233 BORCH, KARL Paper: Reformulation of Some Problems in the Theory of Risk... 109 BUFFINTON, PHILIP G. Paper: The Low Valued Risk -- A Study of the Premium Required for Habitational Risks of Various Policy Amounts... 119 CARLETON, JOIIN W. Discussion: Experience Rating Reassessed (Robert A. Bailey--Vol. XLVIll) 90 CARLSON, THOMAS O. Paper: Negative Binomial Rationale... 177 CREDIBILITY THEORY, AN INTRODUCTION TO Report: Laurence H. Longley-Cook... 19.4 CURRY, HAROLD E. Panel Discussion: Ratemaking and Pricing in the Marketplace... 184
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)... 71 EselE, ROBERT G. Seminar Report: Analyzing Annual Statements and Expense Exhibits of Other Companies... 63 Excess COVERAGES, RATING OF Seminar Report: Matthew Rodermund... 64 EXPENSE EXHIBITS OF OTHER COMPANIES, ANALYZING ANNUAL STATEMENTS AND Seminar Report: Robert G. Espie... 63 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... 81 Author's Review of Discussion... 81 EXPERIENCE RATING REASSESSED (Robert A. Bailey- Vol. XLVIII) Discussion By: John W. Carleton... 90 Lewis H. Roberts... 93 FAIRBANKS, ALFRED V. Discussion: Recent Trends and Innovations in Individual Hospital Insurance (M, Eugene Blumenfeld- Vol. XLVIII)... 69 FIRE SCHEDULE RATING. MATHEMATICAL LIMITS 1O THE JUDGMENT FACTOR IN (Kenneth L. Mclntosh -- Vol. XLVIII ) Discussion By: Lester B. Dropkin... 71 Robert L. Hurley... 76 Author's Review of Discussions... 77 GRAVES, CLYDE H. Discussion: Size, Strength and Profit (LeRoy J. Simon- Vol. XLIX)... 51 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... 81 Author's Review of Discussion... 81 GUIDES TO PROFESSIONAL CONDUCT... 36 of 1963 Year Book GUIDES FOR THE SUBMISSION OF PAPERS... 38 of 1963 Year Book HARWAYNE, FRANK Paper: The Latest Reported Sto/:k Insurance Company Expenses for 1961... 155 HEWITT, CHARLES C., JR. Discussion: Size, Strength and Profit (LeRoy J. Simon -- Vol. XLIX)... 52 HOMEOWNERS -- THE FIRST DECADE Frederic J. Hunt, Jr... 12 Discussion By: Ernest T. Berkeley... 37 HOSPITAL INSURANCE. RECENT TRENDS AND INNOVATIONS IN INDIVIDUAl. (M. Eugene Blumenfeld- Vol. XLVIII) Discussion By: Alfred V. Fairbanks... 69 How CAN ACTUARIAL ANALYSES HELP COMPANY CLAIM DEPARTMENTS CONTROL AVERAGE CLAIM COSTS Seminar Report: Martin Bondy... 67
INDEX TO VOLUME XLIX (Coil/.) HUN], FREDERIC J., JR. Paper: Homeowners--The First Decade... 12 Discussion: The Low Valued Risk (Philip'G. Buffinton- Vol. XL1X)... 144 HURLEY, ROBERT L. Discussion: The Low Valued Risk (Philip G. Buflinton--Vol. XLIX)... 151 Discussion: Mathematical Limits to the Judgment Factor in Fire Schedule Rating (Kenneth L. Mc[ntosh--Vol. XLVIII)... 76 INDUSTRY PROBLEMS, ACTUARIAL ASPECTS OF Presidential Address: Laurence H. Longley-Cook... 104 INTRODUCTION TO CREDIBILrrY THEORY, AN Report: Laurence H. Longley-Cook... 194 INTRODUCTION TO THE NEGATIVE BINOMIAL DISTRIBUTION AND ITS APPLICATIONS, AN LeRoy J. Simon... 1 Discussion By: Lester B. Dropkin... 9 Lewis H. Roberts... 10 JOHNSON, ROGER A. Discussion: An Actuarial Analysis of a Prospective Experience Rating Approach For Group Hospital-Surgical-Medical Coverage (George E. McLean- Vol. XLVIII)... 81 KORMES, MARK Author's Review of Discussion by John R. Bevan (Vol. XLIX) on Patterns of Serious Illness Insurance (Vol. XLVIII)... 88 LATEST REPORTED STOCK INSURANCE COMPANY EXPENSES FOR 1961, THE Frank Harwayne... 155 LONGLEY-COOK, LAURENCE H. Presidential Address: November 15, 1962... 104 Report: An Introduction to Credibility Theory... 194 Low VALUED RISK, THE -- A STUDY OF THE PREMIUM REQUIRED FOR HABITATIONAL RISKS OF VARIOUS POLICY.AMOUNTS Philip G. Buffintou...... 119 Discussion By: Frederic J. Hunt, Jr... 144 Robert L. Hurley... 151 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)... "... 77 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)... 81 ~'IATHEMA'I"ICAL LIMITS TO THE J UDGMENT FACTOR IN FIRE SCHEDULE RATING (Kenneth L. Mclntosh--Vol. XLVIII) Discussion By: Lester B. Dropkin... 71 Robert L. Hurley... 76 Author's Review of Discussions...... 77 MINUTES Meeeting, May 21, 22 and 23, 1962... 99 Meeting, November 14, 15 and 16, 1962... 222 MUIR. JOSEPH M. Panel Discussion: Problems of Rating Organizations... 187 MULTIPLE PERIL RATEMAKING AND STATISTICAL PROBLEMS Panel Discussion: Seymour E. Smith... 191 271
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... 10 NEGATIVE BINOMIAL RATIONALE Thomas O. Carlson... 177 OBITUARIES: Richard Fondiller... 235 Maurice L. Furnivall... 235 William Leslie... 236 Edward Olifiers... 238 Michael T. Wermel... 238 OBSERVATIONS ON THE LATEST REPORTED STOCK INSURANCE COMPANY EXPENSES FOR 1960 (Frank Harwayne--Vol. XLVIIi) Discussion By: Seymour E. Smith... 79 PACKAGE POLICY RATEMAKING Seminar Report: Edward S. Allen... 66 PANEL DISCUSSION ON, "RATEMAKING IN THE FUTURE" Ratemaking and Pricing in the Marketplace- Harold E. Curry... 184 Problems of Rating Organizations- Joseph M. Muir... 187 Multiple Peril Ratemaking and Statistical Problems- Seymour E. Smith... 191 PATTERNS OF SERIOUS ILLNESS INSURANCE (Mark Kormes- Vol. XLVIII) Discussion By: John R. Bevan... 86 Author's Review of Discussion... 88 PRESIDENTIAL ADDRESS--NoVEMBER 15, 1962 Actuarial Aspects of Industry Problems: Laurence H. Longley-Cook... 104 PROBLEMS OF RATING ORGANIZATIONS Panel Discussion: Joseph M. Muir...... 187 PROFIT, SIZE, STRENGTH AND LeRoy J. Simon... 41 Discussion By: Robert A, Bailey... 49 Clyde H. Graves... 51 Charles C. Hewitt, Jr... 52 Author's Review of Discussions... 54 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...................................................................... 81 Author's Review of Discussion... 81 RATEMAKING AND PRICING IN THE MARKETPLACE Panel Discussion: Harold E. Curry... 184 RATEMAKING, PACKAGE POLICY Seminar Report: Edward S. Allen... 66 RATING OF EXCESS COVERAGES Seminar Report: Matthew Rodermund... 64 RAI"ING ORGANIZATIONS, PROBLEMS OF Panel Discussion: Joseph M. Muir... 187 RECENT TRENDS AND INNOVATIONS IN INDIVIDUAL HOSPITAL INSURANCE (M. Eugene Blumenfeld--Vol. XLVIII) Discussion By: Alfred V. Fairbanks... 69
273 ].NDEX TO VOLUME XLIX (Cont.) REFORMULATION OF SOME PROBLEMS IN THE THEORY OF RISK Karl Borch... 109 REVIEWS OF PUBLICATIONS... 233 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... 64 SEMINAR REPORTS: Analyzing Annual Statements and Expense Exhibits of Other Companies-- Robert G. Espie... 63 Rating of Excess Coverages- Matthew Rodermund... 64 Package Policy Ratemaking--Edward S. Allen... 66 How Can Actuarial Analyses Help Company Claim Departments Control Average Claim Costs?--Martin Bondy... 67 SERIOUS ILLNESS INSURANCE, PATTERNS OF (Mark Kormes -- Vol. XLVIII) Discussion By: John R. Bevan... 86 Author's Review of Discussion... 88 SIMON, LEROY J. Paper: An Introduction to the Negative Binomial Distribution and its Applications... 1 Paper: Size, Strength and Profit... 41 Author's Review of Discussions... 54 Book Review: The Lognormal Distribution (J. Aitchison and J. A. C. Brown)... 233 SIZE, STRENGTH AND PROFIT" LeRoy J. Simon... 41 Discussion By: Robert A. Bailey... 49 Clyde H. Graves... 51 Charles C. Hewitt, Jr... 52 Author's Review of Discussions... 54 SMITH, SEYMOUR E. Discussion: Observations on the Latest Reported Stock Insurance Company Expenses for 1960 (Frank Harwayne--Vol. XLVIII)... 79 Panel Discussion: Multiple Peril Ratemaking and Statistical Problems... 191 STOCK INSURANCE COMPANY EXPENSES FOR 1961, THE LATEST REPORTED Frank Harwayne... 155 STOCK INSURANCE COMPANY EXPENSES FOR 1960, OBSERVATIONS ON THE LATEST REPORTED (Frank Harwayne- Vol. XLVIII) Discussion By: Seymour E. Smith... 79 STRENGTH AND PROFIT, SIZE LeRoy J. Simon... 41 Discussion By: Robert A. Bailey... 49 Clyde H. Graves... 51 Charles C. Hewitt, Jr... 52 Author's Review of Discussions... 54 THEORY OF RISK, REFORMULATION OF SOME PROBLEMS IN THE Karl Borch... TOMORROW'S ACTUARY Invitational Address: Henry S. Beers... "... 56 I09