Question
The legal process by which an insurance company, after
paying a loss, seeks to recover the amount of the loss from another party who is legally liable for it is termed as?Solution
Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
Which of the following European country is the guarantor of Bank of Central African States ?
26th January is celebrated as Republic Day because on this day:
According to WWF's 2024 Living Planet Report, what percentage decline has been observed in global freshwater wildlife populations over the past 50 years?
What is the theme of World Cities Day 2024?
Paytm partnered with ___________ Company to enable international fund transfer directly to Paytm Wallet.
Who was the first Indian woman governor?
The purchase of one company by another company is called
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By what instrument or device is relative humidity typically measured?
