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Contribution and subrogation

Contents Syllabus learning
outcomes

Learning objectives
Introduction
Key terms
A Contribution 3.17
B Application of the principle of contribution 3.17
C Subrogation 3.18

D Insurer’s subrogation rights 3.18
E Insurer’s rights concerning subject-matter 3.18
F Precluded subrogation rights 3.18
Key points
Answers
Self-test questions

Learning objectives
After studying this chapter, you should be able to:

• explain the concept of contribution;
• state how contribution applies to insurance contracts;
• explain what is meant by subrogation;
• list the circumstances in which insurers can exercise their rights of subrogation; and
• outline the way in which insurers acquire rights in relation to total loss settlements and salvage. Chapter

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