High costs weigh funeral assurers’ margins

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ZIMBABWEAN funeral assurers’ profits decreased by 70,63 percent to $0,58 million during the first quarter of 2019, despite recording a marginal increase in business as operating costs weighed down operations, the industry regulator has reported. In its Funeral Assurance Industry report for the first quarter of 2019, the Insurance and Pensions Commission (IPEC) said the…