The Theory of the Distribution of the Expenses of Casualty Insurance [Discussion]

Mr. Perryman has performed a real service for casualty insurance in outlining the principles which must underlie a scientific analysis and distribution of expenses. He has approached the study from a fresh viewpoint unhampered by adherence to what is merely the usual conception or the customary practice, and has succeeded in clearly setting forth the fundamental considerations to be kept in mind in all expense analysis.