Question:
Why are more funds from property and casualty insurance companies than funds from life insurance companies invested in money markets?
See Also
Invested Assets Definition: 205 Samples | Law InsiderInsurance companies: Investing the float to create a stream of revenueProperty/Casualty Insurance:
Property/casualty insurance, often referred to as p/c insurance, is a type of insurance that allows an individual to purchase protection in the event of a financial loss impacting one's assets or causing another party harm. The asset protection is the property component, and the liability piece is the casualty component.
Answer and Explanation:
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Life insurance companies have longer-tailed and more predictable liabilities than property/casualty companies. For this reason, the latter type of...
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