Insurance Cost of Automobile Basic Protection Plan in Relation to Automobile Bodily Injury Costs [Discussion]

Mr. Harwayne, in his capacity as consulting actuary, is to be congratulated for his fine effort in making what probably is the first attempt at a costing of the Basic Protection Plan. This reviewer found the task of analyzing Mr. Harwayne’s manipulations a bit tedious, not so much because of the content of the paper under discussion, but because he had to read and reread the Basic Protection Plan under its various guises. One wishes that Mr. Harwayne had included as part of his paper a brief synopsis of what the Plan was all about and what it purports to accomplish. This inclusion would have made the commentary, assumptions, and calculations easier to follow. A deficiency of the paper is its lack of continuity and logical structure. This deficiency is particularly evident in using the many Tables as reference points for factors that appear in Tables 1, 2, and Appendix A.