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Describe the greatest cause of liquidity exposure faced by i. Life insurance companies. ii. Property and casualty insurance companies. Describe two (2) methods to measure
Describe the greatest cause of liquidity exposure faced by i. Life insurance companies. ii. Property and casualty insurance companies. Describe two (2) methods to measure liquidity risk. Liquidity risk can arise from both the liability side and the asset side of the balance sheet. Explain how liquidity risk can occur from either side. Clearly explain and differentiate between purchased liquidity management and stored liquidity management.
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