Property and casualty insurers hold ________ short-term assets than life insurers because property and casualty loss rates are ________ predictable than life insurance loss rates.

Question

Quizplus · Accepted Answer

Property and casualty insurers hold more short-term assets than life insurers because their loss rates are less predictable. This allows them to quickly access funds to cover unexpected claims.

Property and Casualty Insurers Hold ________ Short-Term Assets Than Life