Risk Management

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Across
  1. 3. A risk control technique involving backup systems or copies.
  2. 7. A risk control technique that spreads assets across different locations.
  3. 9. Retaining risk with a conscious plan to pay for losses.
  4. 10. Risk of loss to buildings, equipment, or physical assets.
Down
  1. 1. Risk of loss arising from legal responsibility to others.
  2. 2. A technique that shifts financial risk to another party.
  3. 4. A condition that increases the chance or severity of a loss.
  4. 5. A written document stating a firm’s risk management objectives.
  5. 6. A contractual transfer of risk to an insurer in exchange for a premium.
  6. 8. The immediate cause of a loss, such as fire or accident.