Property/Casualty insurance companies are often under statutory accounting standards set by individual states, and tend to invest in intermediate term maturity securities, to hold greater liquid assets and have a larger equity to asset ratio on average than life insurance companies.

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Property/Casualty insurance companies are subject to state-specific statutory accounting standards, and their investment strategy typically involves holding intermediate term maturity securities to maintain liquidity. They also tend to have a higher equity to asset ratio compared to life insurance companies.

Property/Casualty Insurance Companies Are Often Under Statutory Accounting Standards Set