Across
- 4. Share of loss based on insurance proportion
- 6. Risk type with potential for loss or gain, as in gambling
- 8. Risk increase due to insured parties' dishonest actions
- 10. Ability to meet debts with assets exceeding liabilities
- 12. Restoring financial position after a loss
Down
- 1. Insurance company owned by a parent firm to cover its own risks
- 2. Independent agent not tied to a single insurer
- 3. Risk pooling system to indemnify against losses
- 5. Coverage for medical costs due to sickness or injury
- 7. Shifting pure risk from the insured to a financially stronger insurer
- 9. Strategy of eliminating risk by not engaging
- 11. Risk minimization by dividing assets