CORRUPTION IN JORDAN- REALITY AND CHALLENGES
Journal Title: European Journal of Business and Social Sciences - Year 2016, Vol 4, Issue 11
Abstract
Corruption is a scourge of carcinogenic invade the entire world community in general, and in the Middle East communities in particular and in the Jordanian society accurately. The most important challenges facing the fight against corruption is the insurance sector, and despite the limited contribution of this sector to the GDP, but it affects the rate of the fight against corruption, especially in countries with limited resources, such as Jordan. The official commission in the fight against corruption is Jordanian Anti-Corruption Commission (JACC). So, insurance is the most important sector, because we can through risk distribution to get to participate in the tremendous business activities or individual benefit. Despite all this opportunities for fraud in the insurance sector remains present “Peter and others - corruption and anti corruption, the Australian National Library, the Australian National University, p(147) 2013.†The insurance sector in Jordan has several problems facing several parties who are assurer and reinsurance, and these problems are cyclical fluctuations in the prices of insurance policies. This generates recurring disputes between the parties and access to justice for the separation of the conflict. Then to repeat that the insurance companies are starting with fraud the facts of the damage in order to receive greater compensation and this may also make insurance companies manipulate the prices of insurance policies to compensate for losses and to cover future risks.
Authors and Affiliations
Omar Shdeifat| Actuary : Researches & Studies Division Department of Prevention Anti- Corruption Commission-Jordan
Keywords
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- EP ID EP10711
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