TR
EN
Insurance fraud has become a growing problem for the sector. The increase in fraud generally leads to an increase in premiums, loss of reliability in the market and huge economic costs. Therefore, deterrent remedies to reduce insurance fraud have become essential. Statistics show that deterring and punishing insurance fraud should be an important agenda item.…
You only have rights to document if you have Profesyonel + package.
ABSTRACT
In English law, two primary laws that influence relationships within Marine Insurance are the Marine Insurance Act 1906 and the Insurance Act 2015. With the enactment of the Insurance Act 2015, various provisions of the MIA 1906 have been amended. In a marine insurance relationship, there are two parties, the insurer and the insured, and these parties or third parties may commit fraud to gain profit. Fraudulent claims have become common and varied.…
