TAI Jun22 (Guessing GI)

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Across
  1. 4. Class of business where claims take time to develop [4, 6]
  2. 5. Reinsurance agreements aiding in capital management [5]
  3. 7. Reserve for claims from coverage yet to expire [3]
  4. 12. Portion of claim payable by policyholder [10]
  5. 15. Reinsurance contracts for a single risk [11]
  6. 18. Being subject to possibility of loss [8]
  7. 19. Transfer of liabilities and recoveries relating to a claim [11]
  8. 20. Reserves for claims based on events occurred but not notified to the insurer [4]
Down
  1. 1. Policyholder’s request for payment from an insurer [5]
  2. 2. Sum of claim and operating ratios [9]
  3. 3. An insurer writing both life and GI products [9]
  4. 6. Intermediary in buying and selling of insurance [6]
  5. 8. Claims related to the same 12-month period [8]
  6. 9. Actual premium charged by the insurer [6]
  7. 10. A claim that does not result in a payment by the insurer [3]
  8. 11. Insurance for insurers [11]
  9. 13. A risk not covered by the insurance contract [9]
  10. 14. Abbreviation for a system of offering discounts on premium [3]
  11. 16. A reinsurance treaty covering losses beyond a point [3]
  12. 17. A class of business [4]