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AAI LTD T/A VERO INSURANCE v TECHNOLOGY SWISS PTY LTD

LLR: Insurance & Reinsurance Plus

AAI LTD T/A VERO INSURANCE v TECHNOLOGY SWISS PTY LTD

[2022] Lloyd's Rep. IR Plus 5

FEDERAL COURT OF AUSTRALIA (FULL COURT)

Before Justice Perram, Justice Jagot and Justice Derrington

Insurance (marine) – Subrogation – Settlement covering insured and uninsured losses – No allocation – Recovery from third party – Whether insurers entitled to subrogation rights over recovery.

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