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Below is a table of select financial measures for Insurer A and for the industry. Performance Measure Insurer A Industry Benchmark Premium-to-surplus ratio 20x1 1.33

Below is a table of select financial measures for Insurer A and for the industry. Performance Measure Insurer A Industry Benchmark Premium-to-surplus ratio 20x1 1.33 2.07 20x2 1.25 2.04 20x3 1.14 2.03 20x4 1.12 1.96 20x5 1.04 1.94 Liquidity ratio 20x1 1.60 1.85 20x2 1.58 1.89 20x3 1.58 2.01 20x4 1.56 2.14 20x5 1.55 2.19 Combined ratio 20x1 110.12% 113.32% 20x2 109.30% 112.34% 20x3 105.43% 110.39% 20x4 102.91% 109.56% 20x5 101.53% 106.30% Using this information, which one of the following statements is true?

A During the five year period, the industry experienced a deterioration in profitability from underwriting operations. 


B During the five year period, Insurer A had consistently less ability to issue new policies than the industry. 


C During the five year period, Insurer A's ability to meet its financial obligations trended more favorably than the industry. 


D Insurer A should be able to meet its financial obligations as they come due

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