Across
- 2. Eliminating a risk by not engaging in the activity
- 4. Actions taken to reduce the frequency of losses
- 6. Techniques used to reduce the chance or impact of loss
- 8. Spreading exposures to reduce dependence on one source
- 9. Accepting responsibility for losses when they occur
- 10. The portion of a loss paid by the insured before insurance applies
Down
- 1. Measures taken to reduce the severity of losses
- 3. Shifting the financial consequences of loss to another party
- 5. A situation where loss is possible
- 7. A contract transferring risk in exchange for a premium
