id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3653	Kleiman, Robert T.; Sahu, Anandi P.	Life Insurance Companies as Investment Managers: New Implications for Consumers	1991	12	.pdf	application/pdf	4687	278	49	7. 8. NOTES Note that because the risks insured by life insurance companies are more predictable than those insured by property and casualty insurance companies, the investment strategies undertaken by the two groups of insurance companies may differ. This suggests that life insurance company portfolios are competitive with mutual funds on the basis of risk-adjusted measures of portfolio performance, assuming comparable tax treatment for the two investment vehicles.	cache/fsr-3653.pdf	txt/fsr-3653.txt