ultimate security tanzania limited vs maxinsurance tanzania limited 2022 tzhccomd 82 22 april 2022
The insurer, having indemnified the insured, is entitled under the principle of subrogation to recover from the party responsible for the loss, even in the absence of direct contractual privity. The appellant security company owed a duty of care to the insured as a foreseeable third party beneficiary of the security contract. The limitation of liability clause in the security contract does not apply to the subrogation claim. The trial court correctly evaluated the evidence and was not biased.
Source excerpt
- Subrogation
- Privity of contract
- Duty of care
- Limitation of liability
- Third party beneficiary
- Indemnity