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When a claim is paid,the salvages and scraps are the property of the Insurers.What is such take over of salvages and scraps called?

Claim Analysis Internal Audit Insurance General Insurance Motors
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Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2013/12/16
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Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

  It is called Suborgation.

  Thanking You.

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