0 the ability that an insurance company has to get the money it has paid to a customer back from the person who caused the accident, damage, etc. --
1 the right of an insurance company to get back the money that it pays to someone with an insurance contract from the person who has caused the loss, injury, or damage: --
Rights of subrogation can arise two different ways: either automatically as a matter of law, or by agreement as part of a contract.
Common bases of contingent or derivative liability by which third parties may be impleaded include indemnity, subrogation, contribution, and warranty.
It is in fact very important as insurance companies do attempt subrogation where it is felt that a third party might be liable in whole or in part.
Subrogation is largely an insurance matter.
Following from the question of strict liability, there was some debate about whether it should be financed by a form of subrogation.
The wording of the 1971 convention gives the fund the right of subrogation.
First, no system of subrogation or clawback is provided for in the amendment, and none at present exists.
The rights of subrogation would be involved in such a case.
