Across
- 1. threat of a loss with no chance for gain
- 9. risk unacceptable to carriers that is too high
- 10. risk of harm caused by human mistakes
- 11. when risk cannot be controlled
Down
- 2. possibility of loss or injury
- 3. systemic process of managing risk to achieve objectives
- 4. likelihood of economic loss
- 5. possibility of a catastrophe caused by natural disasters,power outages, oil spills, arson, terrorism, and war
- 6. occurs when conditions can be controlled to minimize chance of harm
- 7. paid protection against loss due to injury or property damage.
- 8. risk that meets criteria for insurance coverage