Supreme Court allows insurer's right of recourse against another insurer for a claim settled with a third party.

The Supreme Court of Finland allowed an insurer's claim for recourse against a co-insurer regarding a liability claim settled with a third party. The plaintiff argued that the settlement with the third party extinguished the right of recourse, while the defendant contended that the insurer retained this right despite the settlement. The court ruled that the right of recourse remains valid because the settlement did not prejudice the insurer's ability to recover from the co-insurer for the portion of the loss covered by the policy.