Taiwanese insurers are facing a wave of further claims on Covid-related policies in June and July. Photo: Reuters
Taiwanese insurers are facing a wave of further claims on Covid-related policies in June and July. Photo: Reuters

Taiwan’s insurers brace for over US$1 billion in Covid-related claims amid outbreak

  • Financial regulator has ordered companies to honour valid policies after they were criticised for dismissing claims, cancelling policies and delaying payouts
  • Since the start of the pandemic, many firms have offered policies protecting customers against negative health impacts of the virus and associated costs

Taiwanese insurers are facing a wave of further claims on Covid-related policies in June and July. Photo: Reuters
Taiwanese insurers are facing a wave of further claims on Covid-related policies in June and July. Photo: Reuters
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