General population under enormous stress
At a stockbrokers briefing this morning, Managing Director of Fiji Care Insurance Limited Peter McPherson said the trend is really worrying.
McPherson also reveals that they have seen a decrease in premium renewals as some clients have cut back on staff numbers.
Fiji Care is also concerned with the increased costs of sending people for treatment abroad which is bolstered by the devaluation of the Fiji dollar in April.
McPherson said they are now looking to India to see if their clients could be sent there for treatment not available locally as it would be cheaper than the cost of treatment in Australia and New Zealand.
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