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:

Potential Solutions

Possible answers, remedies, or methods to address or resolve a problem or challenge.

Latter Part

The final section or segment of a particular period, document, discussion, or series of events.

Legitimate

being in accordance with established legal rules and standards.

Fundamental Reformulation

A comprehensive and profound change or restructuring of a concept, theory, or system.