Which of the following is a difference in characteristics between life insurance companies and property and casualty

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Which of the following is a difference in characteristics between life insurance companies and property and casualty insurance companies?

a) Property and casualty policies are longer term

b) The type of policies offered by life insurance companies are less focused

c) Future compensation amounts paid on property and casualty policies are more difficult to forecast.

d) Life insurance companies need to maintain a more liquid asset portfolio

Related Book For answer-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: Oct 09, 2018 06:31 AM

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Which of the following is a difference in characteristics between life insurance companies and property and casualty

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c Future compensati... View the full answer

Auditing and Assurance Services

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