Insurance fraud in South Korea
South Korean insurers recorded a 2% increase in fraudulent claim notifications during 2020.
With 98 826 cases recorded last year, this scourge generated losses of about 898.6 billion KRW (808 million USD).
Non-life insurance fraud accounts for 91.1% of the total amount of false claims.
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Fri, 30/04/2021 - 13:12
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