Actuarial Note on Workmen's Compensation Loss Reserves [Author's Reply]

I am grateful to Mr. Golz for an interesting review of my paper. Mr. Golz accomplished at least three things in his review: he presented his opinion that the reserving technique is probably not worthwhile since the basic problem does not occur frequently; he pointed to a significant gap in my paper, as respects catastrophes; and he proved us with a technique for determining working values of Nx and Dx given only ax.