17-39 The assets of PC insurers are relatively short term and more liquid than those of life insurance companies.

Question

Quizplus · Accepted Answer

This is true because property and casualty (PC) insurers deal with shorter term risks such as accidents, disasters, and liability claims, which typically require shorter term investments and more liquidity to meet potential claims. On the other hand, life insurers deal with longer-term products such as annuities and life insurance policies, which require longer term investments and less liquidity.

17-39 the Assets of PC Insurers Are Relatively Short Term