Which of the following statements about the regulation of insurance co

Which of the following statements about the regulation of insurance company investments is (are) true?

I. The purpose of regulating insurance company investments is to prevent insurers from making unsound investments which could threaten their solvency.
II. Life insurers can invest an unlimited amount of their assets in common stocks.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: A