Marine insurance

12345
Across
  1. 2. clause in the MI policy document
  2. 4. the insurer takes the rights and remedies belonging to the insured against a third party
  3. 5. putting the insured back to the financial position he was prior to the loss
Down
  1. 1. action to reduce the severity
  2. 3. All stake holders in a sea adventure proportionately share the loss