Suggestions for a Standard System of Notation in Casualty Actuarial Work [Discussion]

At the last meeting of the Society, a paper by Mr. Carlson containing suggestions for a system of notation was presented. This paper was predicated on the premise that "casualty actuarial science has progressed by now to a point where a standardized system of notation in formulas, applicable as far as possible to all casualty lines is feasible and desirable". A system of notation chiefly centering about basic and delimiting terms and in general following the criteria of (1) simplicity, (2) universality, that is, applicability to all casualty lines, and (3) foundation upon symbols already generally accepted, is presented to the Society for its consideration with the suggestion that the Society establish an acceptable system of standard notation.