3-43 Property-casualty insurers tend to have a higher level of liquidity risk than life insurers.

Name: 3-43 Property-casualty insurers tend to have a higher level of liquidity risk than life insurers.
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Property-casualty insurance policies are typically shorter in duration, and therefore have a higher frequency of claims, which can create greater liquidity risk for insurers. On the other hand, life insurance policies tend to have longer durations and fewer claims, leading to lower liquidity risk.

3-43 Property-Casualty Insurers Tend to Have a Higher Level of Liquidity