The Low Valued Risk A Study of the Premium Required for Habitational Risk of Various Policy Amounts [Discussion]

Abstract
The reader should have very little difficulty with Mr. Buffinton's interesting paper on "The Low Valued Risk." Its purpose is indicated by the subtitle, "A Study of the Premium Required for Habitational Risks of Various Policy Amounts." Within the specified framework, the reviewer found himself often in accord with the author's observations. There were, however, some phases of the argument on which we should like to comment. The author summarized his paper with five conclusions. These will serve as a basis for specific evaluation of the author's thesis after some general remarks on the developing argument.
Volume
XLIX
Page
151-154
Year
1962
Categories
Actuarial Applications and Methodologies
Ratemaking
Classification Plans
Business Areas
Fire and Allied Lines
Business Areas
Homeowners
Publications
Proceedings of the Casualty Actuarial Society
Authors
Robert L Hurley