Which of the Following Are Reasons for Underwriting Risk to Result

Which of the following are reasons for underwriting risk to result?

A) Generated premiums are insufficient to cover claims incurred insuring a particular peril.
B) Generated premiums are insufficient to cover the administrative expenses of providing that insurance after taking into account the investment income generated between the time premiums are received and the time claims are paid.
C) Generated premiums are insufficient to cover ordinary business expenses.
D) Generated premiums are insufficient to cover claims incurred insuring a particular peril and generated premiums are insufficient to cover the administrative expenses of providing that insurance after taking into account the investment income generated between the time premiums are received and the time claims are paid.