FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET

act Insurance fraud represents a significant problem for the insurance market in Romania, having a negative impact on costs and consumer confidence. This can lead to higher insurance premiums and damage to the reputation of insurance companies. Fighting fraud is essential to maintain market st...

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Main Author: VĂDUVA MARIA
Format: Article
Language:English
Published: Academica Brâncuşi 2025-02-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2025-01/31_Vaduva_M.pdf
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author VĂDUVA MARIA
author_facet VĂDUVA MARIA
author_sort VĂDUVA MARIA
collection DOAJ
description act Insurance fraud represents a significant problem for the insurance market in Romania, having a negative impact on costs and consumer confidence. This can lead to higher insurance premiums and damage to the reputation of insurance companies. Fighting fraud is essential to maintain market stability and protect the interests of policyholders. As society has evolved and new insurance companies have emerged, there has been a diversification of products and an expansion of funds in the insurance market. These changes have led to the development of fraud in this sector, which often has international dimensions. Fraud can take many forms and can occur throughout the life of an insurance policy.
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institution OA Journals
issn 1844-7007
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publishDate 2025-02-01
publisher Academica Brâncuşi
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series Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
spelling doaj-art-a8a741de684c4d518cfbb302ee78672e2025-08-20T01:57:21ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072344-36852025-02-0111265268FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET VĂDUVA MARIA0UNIV. ASSOC. PHD AT CONSTANTIN BRANCUSI UNIVERSITY IN TÂRGU-JIUact Insurance fraud represents a significant problem for the insurance market in Romania, having a negative impact on costs and consumer confidence. This can lead to higher insurance premiums and damage to the reputation of insurance companies. Fighting fraud is essential to maintain market stability and protect the interests of policyholders. As society has evolved and new insurance companies have emerged, there has been a diversification of products and an expansion of funds in the insurance market. These changes have led to the development of fraud in this sector, which often has international dimensions. Fraud can take many forms and can occur throughout the life of an insurance policy. https://www.utgjiu.ro/revista/ec/pdf/2025-01/31_Vaduva_M.pdfiinsurancefraudmarketconsumer
spellingShingle VĂDUVA MARIA
FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
iinsurance
fraud
market
consumer
title FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
title_full FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
title_fullStr FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
title_full_unstemmed FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
title_short FRAUD IN THE INSURANCE SECTOR AND ITS IMPACT ON THE INSURANCE MARKET
title_sort fraud in the insurance sector and its impact on the insurance market
topic iinsurance
fraud
market
consumer
url https://www.utgjiu.ro/revista/ec/pdf/2025-01/31_Vaduva_M.pdf
work_keys_str_mv AT vaduvamaria fraudintheinsurancesectoranditsimpactontheinsurancemarket