In the news today: Fraudulent death claims increased in 2017, Netcare claims that Discovery Health influenced the Competition Commission’s Health Market Inquiry, and a building on Facebook’s campus is evacuated after a bomb scare

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Fraudulent death claims increased in 2017

The Association for Savings and Investment South Africa (ASISA) says that South African life insurers foiled a total of 5 026 irregular claims to the value of R1.13bn in 2017.  READ MORE

Netcare claims Discovery Health influenced Competition Commission

Private hospital group Netcare says Discovery Health influenced the chapter on the theory of supplier-induced demand in the Competition Commission’s Health Market Inquiry, released in July this year  READ MORE

Bomb scare at Facebook

A building on Facebook’s Menlo Park campus was evacuated on Tuesday evening due to a bomb scare – but no suspicious package or device was found.  READ MORE

Chinese companies urge boycott of US products

In the wake of the detention of top Huawei executive Meng Wanzhou, some Chinese companies and business groups have asked their workers to boycott US companies like Apple.  READ MORE

Whisky insurance takes off among the wealthy

Ron Fiamma, head of global collections at AIG’s private client group, says the company has seen a tenfold increase in new submissions for whiskey insurance year-on-year.  READ MORE