Property and Casualty Insurers Will Hold Assets of Shorter Maturities

question 55

Multiple Choice

Property and casualty insurers will hold assets of shorter maturities than life insurance companies because:

• A) shorter maturity assets usually have higher returns.
• B) life insurance companies may find they need to get liquid unexpectedly.
• C) property and casualty insurers can find themselves needing to get liquid unexpectedly.
• D) life insurance companies generally take on more risk than property and casualty companies.

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Definitions:

Cystitis

Inflammation of the urinary bladder caused by infection.

Urethral Irritation

Discomfort, pain, or burning sensation in the urethra, often caused by infection, injury, or irritation.

Kidney Stones

Hard, crystalline mineral material formed within the kidney or urinary tract.

Protozoal Infection

An illness caused by protozoa, microscopic, single-celled organisms that can be free-living or parasitic, leading to diseases like malaria and giardiasis.