Which of the Following Statements Is True

Which of the following statements is true?

A) Measuring and managing credit and interest rate risk are key concerns of general insurance managers.
B) If pure losses, underwriting losses and other costs are higher and investment yields lower than expected, general insurers suffer a significant amount of deficit reserves.
C) On average, underwriting cycles measured from peak to peak can last anywhere from 12 to 20 years.
D) Measuring and managing credit and interest rate risk are key concerns of general insurance managers and if pure losses, underwriting losses and other costs are higher and investment yields lower than expected, general insurers suffer a significant amount of deficit reserves.