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Basic Question 1 of 3
Which statement is correct regarding property and casualty insurance companies?
B. The event being covered is often unknown and unpredictable.
C. Their claims are more predictable than those of L&H insurers'.
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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.