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which one of the following statements about an insurer's liquidity is correct? liquidity is measured by comparing total assets to surplus, growing insurers expect underwriting

which one of the following statements about an insurer's liquidity is correct?
liquidity is measured by comparing total assets to surplus, growing insurers expect underwriting operations to negatively affect liquidity, positive cash flows are a sign that an insurer's liquidity is decreasing, liquidity is measured by compairing highly liquid assets against obligations to policyholders

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