韩韩_品职助教 · 2018年06月16日
同学你好，虽然这里life insurance说的是minimal liquidity, 但是因为它还是强制的义务，所以会比endowment这种非强制的义务的liquidity needs要大。同时，The liquidity concerns associated with disintermediation of cash value policies, asset/liability mismatch, and asset marketability risk have increased insurers’ traditionally relatively minimal liquidity requirements. 也就是这三项会增加life insurance companies的liquidity requirements.
