Reserves of Motor-Vehicle Insurance in Finland

The Ministry of Social Affairs, which acts i.a. as the supervising office in Finland, has given instructions regarding the normal reserves of insurance companies. A summary of these and some comments are given here as far as they concern motor vehicle insurance. The instructions as far as they concern the subject referred to in the following in the items 2-6, 9 and IO, were compiled by a committee, presided over by Mr. I. Ketola, M. Sc., which availed itself of the experience of several Finnish insurance companies.