Home > Term: subrogation
subrogation
An insurance process whereby a company that has paid out to a policyholder for a loss incurred recovers the amount of the loss from the party that is legally liable.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Financial services
- Category: General Finance
- Company: Bloomberg
0
Kūrėjas
- Jessehe
- 40.13% positive feedback