Concept:Contribution is the insurance principle that applies when two or more insurers share the payment of a loss arising from the same risk and the same property.
Explanation:Fatou's storey building was destroyed by fire.
Greene Insurance Company and Sunwar Insurance Company both insured the same building against the same fire peril.
Both companies jointly indemnified Fatou for the destruction.
Because the same subject matter and the same risk were covered by both policies, the two insurers must share the compensation fairly.
This sharing of loss between insurers is known as the principle of contribution.
Contribution prevents Fatou from receiving more than the actual loss and ensures that no single insurer bears the full burden alone.
Subrogation, insurable interest, and proximate cause do not describe the joint sharing of a loss by multiple insurers.
Answer:A. contribution