Why are depository institutions and life insurance companies more exposed to credit risk than, for instance, money market managed funds and general insurance companies?

Select one:

A. Because the average maturities of their assets are longer than those of money market managed funds/general insurance companies.

B. Because the average maturities of their assets are shorter than those of money market managed funds/general insurance companies.

C. Because they are not specialised in credit risk management.

D. They are not exposed to more risk.