Which Statement Is True Regarding the Reserves Kept by Insurance

Multiple Choice

Which statement is true regarding the reserves kept by insurance companies?

A) They take several weeks to sell and convert to cash.
B) They are usually not enough to cover unexpected losses.
C) They are kept in financial assets such as stocks, bonds, and U.S. government securities.
D) They are more likely to be in the form of stocks when invested by life insurance companies.
E) They are more likely to be in the form of bonds when invested by property casualty insurance companies.