Economic Factors in Liability and Property Insurance Claims Costs, 1935-1967 [Author's Reply]

The author is gratified and encouraged by the comments on his paper. The critical analyses re-emphasize the importance of the subject even though it is apparent that I have made a limited contribution. As a generalization, the four reviewers point out the need for, and urge, further work beyond the scope of my work to make it more useful and meaningful, particularly in ratemaking, forecasting of losses, and for loss reserve purposes.