SALVAGE AND SUBROGATION. Each of the Participating Companies shall be credited with its proportionate share of salvage and subrogation on account of losses under the Policies.
Appears in 9 contracts
Sources: Traditional Program Business Pooling Agreement (Tower Group, Inc.), Brokerage Business Pooling Agreement (CastlePoint Holdings, Ltd.), Brokerage Business Pooling Agreement (CastlePoint Holdings, Ltd.)