Which of the Following Statements Is (Are)true Concerning Investments of Property

question 42

Multiple Choice

Which of the following statements is (are) true concerning investments of property and casualty insurers and life insurers?
I.Property and casualty insurance companies place greater emphasis on liquidity than do life insurers.
II.Life insurance company investments are,on average,of longer duration than property and casualty insurance company investments.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Pseudoscience

A collection of beliefs or practices mistakenly regarded as being based on scientific method but do not adhere to a valid scientific methodology.

Biological

Pertaining to the science of life or living matter in all its forms and phenomena, especially with reference to origin, growth, reproduction, structure, and behavior.

Chemistry

The science that examines the composition, structure, properties, and changes of matter, focusing on atoms and their interactions.

Scientific Methods

Systematic procedures for gathering knowledge and testing hypotheses in order to develop, refine, and validate scientific knowledge.