The Origin and Development of Reinsurance [Discussion]

The Society is deeply indebted to Mr. Kopf for this comprehensive paper which treats the subject after the same thorough study which Mr. Kopf has applied to previous subjects on which he has written for the Society. The scope of the subject is so broad that Mr. Kopf necessarily treated the development of life reinsurance less completely than he did that of fire and casualty reinsurance. Further, it must be remembered that Mr. Kopf is writing primarily for the actuaries of casualty insurance companies. Nevertheless, inasmuch as life reinsurance has been included, it seems as if mention might be made in the discussion of the paper of several important features to supplement Mr. Kopf's paper.