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TECHNOLOGY SWISS PTY LTD v AAI LTD, TRADING AS VERO INSURANCE

LLR: Insurance & Reinsurance Plus

TECHNOLOGY SWISS PTY LTD v AAI LTD, TRADING AS VERO INSURANCE

[2021] Lloyd's Rep. IR Plus 23

FEDERAL COURT OF AUSTRALIA

Before Chief Justice Allsop

Insurance (marine) – Subrogation – Whether payment by insurer was for insured loss – Allocation of third-party recovery between insurer and assured.

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