Most insurance companies have expanded into the property-casualty insurance industry because of the greater stability it affords.
Correct Answer:
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Q16: In order to increase their yield and,
Q17: Because of their high yields life insurance
Q18: The insurance principle states that individual risk
Q19: Loans to policyholders further increase the stability
Q20: Since the life insurance industry is "vested
Q22: Property-casualty insurers have diversified into many different
Q23: Because property-casualty insurance companies are taxed virtually
Q24: Most property-casualty insurance firms plan to break
Q25: Property-casualty insurance firms are relatively unaffected by
Q26: Pension funds have little need for liquidity
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