Insurance Crossword

3. The movement of knowledge, technologies, and innovations between countries.
4. The inability of an organization to pay its debts.
8. A legally binding act issued by the European Union.
10. Monitoring compliance with laws and regulations.
18. The ability of a country or company to compete successfully in the market.
19. The reduction of government restrictions on economic activity.
22. The availability and openness of information.
23. The insurer’s right to recover losses from a responsible third party.
25. A fund that protects policyholders if an insurance company fails.
26. A single authority responsible for supervising the entire financial sector.
28. Goods transported from one place to another.
30. A system of protection against financial losses caused by risks.

1. An independent official who helps resolve disputes between customers and insurers.
2. The ability of an insurer to meet its financial obligations.
5. A specialist who evaluates risks and determines insurance conditions.
6. Financial compensation for a covered loss.
7. The process of increasing economic integration between countries.
9. The flow of financial resources between countries.
11. The amount paid for insurance coverage.
12. The portion of a loss that must be paid by the insured.
13. Legal responsibility for damage, loss, or injury.
14. Government control over economic or financial activities.
15. The process of granting permission to conduct insurance activities.
16. A system in which authority is divided between central and regional governments.
17. Insurance purchased by an insurance company to reduce its own risk.
20. The exchange of goods and services between countries.
21. A person or organization that purchases insurance coverage.
24. A company that provides insurance protection.
27. A method of reducing financial risk by using derivative instruments.
29. The possibility of financial loss or an unfavorable event.