On The Right Of Subrogation In Marine Insurance

The right of subrogation has the narrow and the broad sense, and the subrogation of narrow sense only indicates subrogation begging repays power (in the right subrogation), namely the right of subrogation, and subrogation on the subrogation of broad sense not only includes the right still includes thing previous generation's power. This thesis is focus on the subrogation of narrow sense. The right of subrogation is the right of an underwriter who has paid a loss to his assured to "take over" the rights which the assured had against the third party. That is, the underwriter becomes the beneficial owner of his assured's right and is entitled to sue the third party to recoup or recover the amount paid.The difference between the , and , plus the bifurcations of the right of subrogation's theory lead the variance of condition of acquiring the right, name, range of the subrogation, which is the cause why I write this thesis.I discuss the definition, theory foundation, character of the right of subrogation in Chapter NO.1, the condition of acquiring the right and the range of subrogation of the underwriter in Chapter NO.2, and discuss the matters of the process in lawsuit of subrogation.