YORKSHIRE INSURANCE COMPANY, LTD. v. NISBET SHIPPING COMPANY, LTD.
[1961] 1 Lloyd's Rep. 479
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Diplock
Marine insurance - Subrogation - Total loss paid by insurer under a valued policy- Greater sum recovered by assured from third-party-Right of insurer to recover excess from assured-Marine Insurance Act, 1906, Sect. 79 (1).