Higher uncertainty of losses forces property-casualty firms to
A. invest in more short-term assets than life insurance firms.
B. invest in more long-term assets than life insurance firms.
C. hold a lower percentage of capital and reserves than life insurance firms.
D. invest in riskier equity securities than life insurance firms
E. conduct more separate accounts business than life insurance firms.
Ans: A. invest in more short-term assets than life insurance firms.
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