How Adequate are Loss and Loss Expense Liabilities?, [Discussion]

Miss Salzmann in this paper has pinpointed an area of need that has been only partially met- that of providing regulatory authorities with a simple yardstick for evaluating the level of loss and loss expense liabilities. She proposes another and admittedly better yardstick but readily concedes its fallibility and notes some of its limitations. Matthew Rodermund has noted another, namely the fact that general acceptance might not be readily forthcoming because the expression