Premiums and Reserves of the Swiss Accident Insurance Institution [Discussion]

We are greatly indebted to Mr. Woodward for bringing to our attention this interesting and instructive outline of the methods used by the Swiss Accident Insurance Institution in the computation of workmen's compensation rates, the rating of risks and the calculation of reserves. To the writer it was particularly interesting to learn how closely the Swiss actuaries have paralleled the best thought in this country in the solution of the many problems of this business. The paper not only gives to the men engaged in the actuarial and underwriting work of workmen's compensation insurance in, this country a new realization of the universal character of the problems with which they are dealing, but is also a source of encouragement to them in showing that the solution of these problems reached abroad after many years of experience and study so nearly approach the solutions obtained, or which are being worked out, here.