Abstract
This paper studies the reasons why the people try to cheat and fraud on insurance companies in Albania. It is represents an overview from the first time of fraud phenomen started. It is showed by the results of the survey how individuals in Albania behave and how do they percept the insurance companies. The survey is conducted on Albanian citizens in the five largest cities. Insurance fraud is a global criminal phenomen, sometime is a part of the companies themselves, and unfortunately we find that it is the case of Albania also. The study approaches into a flat view, analyzing the insurance fraud such as an integral part of financial crime, sometimes as a part of mafia network, sometime as a factor that, but has made deeper the global criminal crisis and the Albanian crisis. DOI: 10.5901/mjss.2015.v6n3s1p21
Highlights
First methods on transferring and distributing the risk were practiced by Chinese traders, Babylonians
Babylonians developed a system known as the Code of Hammurabi, which was the first census in 1750s BC that was put into practice for the first time for traders traveling through the Mediterranean Sea, from this period the philosophy and the fraud of insurance was developed
In their modern concept came up in Britain in the 17th century; it was found the first case of fraud in a legal treatment
Summary
First methods on transferring and distributing the risk were practiced by Chinese traders, Babylonians. Babylonians developed a system known as the Code of Hammurabi, which was the first census in 1750s BC that was put into practice for the first time for traders traveling through the Mediterranean Sea, from this period the philosophy and the fraud of insurance was developed Insurance companies, in their modern concept came up in Britain in the 17th century; it was found the first case of fraud in a legal treatment. Beginning as an individual occurrence it took place in collective fraud, to the highest point where the companies themselves became part of the economic crime It will be analyzed the phenomenon of interpreting the cheating in numbers and it will try to clarify the reasons that lead an individual or group of individuals to “fraud”. Promises that come when purchasing insurance appear in the contract or insurance policy which defines the rights and obligations of the parties to the contract
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