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Explain why if history records that stocks outperform bonds, why Life Insurance Companies invest so little in their general accounts. Why do you

  • Explain why if history records that stocks outperform bonds, why Life Insurance Companies invest so little in their general accounts. Why do you suppose Casualty Insurance companies invest even less? Do you suppose the newer insurance products such as Variable Life and Universal Life will lead to more or less stock investments for Life Insurance Companies?
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