25 of 90 What does it mean when "an insured is indemnified by an insurer after a loss"? The co-insurance conditions have been satisfied. The insured was paid the amount of the loss. Subrogation by the insurer against a third party had been successful. The insurer had lost its rights of subrogation.

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25 of 90
What does it mean when "an insured is indemnified by an
insurer after a loss"?
The co-insurance conditions have been satisfied.
The insured was paid the amount of the loss.
Subrogation by the insurer against a third party had been successful.
The insurer had lost its rights of subrogation.
Transcribed Image Text:25 of 90 What does it mean when "an insured is indemnified by an insurer after a loss"? The co-insurance conditions have been satisfied. The insured was paid the amount of the loss. Subrogation by the insurer against a third party had been successful. The insurer had lost its rights of subrogation.
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