Taiwan COVID-19 Policies
Tokio Marine suffers $400m loss from Taiwan COVID-19 cover payouts
Tokio Marine suffers $400m loss from Taiwan COVID-19 cover payouts
The loss will reflect in the quarter ending September.
Taiwan insurers cough up over $1b in COVID-19 claims
Some insurers took to selling properties to increase cash reserves.
More Taiwan insurers set to inject capital after losses
The surge in COVID-19 policy claims had put several insurers in the red.
Taiwan’s COVID-19 insurance policy complaints surges
Complaints is now 25 times higher than last year.
Taiwan insurers mull injecting new funds as COVID-19 claims cut down profit
Two insurers plan to raise capital once their risk-based capital falls below 250%.
Taiwan’s COVID-19 insurance claims may exceed $1.39b: regulator
7.6 million policies are estimated to have been sold by insurers in Taiwan.
Sale of COVID-19 policies surged in Taiwan
About 460,000 over the past week.