Across
- 1. refers to the subject or object of insurance that might expose the insurer to loss under an insurance contract.
- 4. reinsurance is negotiated between an insurer and a reinsurer on an individual risk or policy.
- 5. is “Insurance for Insurers”.
- 7. is a thing, money, or an act of value that one party gives or promises in exchange for the act or promise of another party.
- 8. is a type of risk that exists where there is a chance of gain or loss.
- 9. is an insurance document that provides evidence of a contract of insurance.
- 10. reinsurance is an agreement between insurer and reinsurer to reinsure a block or portfolio of business.
- 11. is a kind of loan extended by a money-changer or money lender to the owner of goods or ships in transit between ports.
Down
- 2. is a principle that says that an insured person should not profit from his or her own loss
- 3. is defined as an insurance professional who invests the capital of an insurer’s shareholders by accepting or rejecting risk to implement an insurer’s strategic plan.
- 6. is the amount of capital available to the underwriter to “invest in various kinds of business.
- 8. conditions appear in automobile, accident and sickness and property policies issued in the common law provinces.