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Which of the following statements about the investments of property and liability insurers is ( are ) true? I.Income from investments is important in offsetting

Which of the following statements about the investments of property and liability insurers is

(

are

)

true? I.Income from investments is important in offsetting any unfavorable underwriting experience.II

.

Because premium income is continually being received, the investment objective of liquidity is of little importance.

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