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Basic Question 1 of 3

Which statement is correct regarding property and casualty insurance companies?

A. The length of their duty to perform is usually short.
B. The event being covered is often unknown and unpredictable.
C. Their claims are more predictable than those of L&H insurers'.

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe key ratios and other factors to consider in analyzing an insurance company.

CFA® 2025 Level II Curriculum, Volume 2, Module 13.