Estimating Probable Maximum Loss with Order Statistics [Discussion]

It is always refreshing to see new thinking. This paper introduces to our Proceedings an approach-order statistics-that has not before been mentioned there as far as I can find. It would be most welcome if all our papers, as this and many others do, contained clear examples of how to apply practically the new ideas or techniques they propose. Miss Wilkinson is to be complimented for giving us this example of how to use examples. The paper also has a number of other major values. It points up several important needs and raises several important questions from which we all can learn.