Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Long-tail loss refers to a series of claims made after an initial claim has been made.
B) Long-tail loss refers to a claim that is made some time after a policy was written.
C) Short-tail loss refers to a series of claims made after an initial claim has been made.
D) Short-tail loss refers to a claim that is made some time after a policy was written.