COVID-19 Claims Put Thailand Insurers Under Pressure
March 7, 20225 min
Operating losses relating to medical insurance products covering COVID-19 infections have put considerable strain on the operating performance and balance sheets of several Thailand insurers, according to a new AM Best commentary. In its Bestâs Commentary, titled, âCOVID-19 Claims Put Thailand Insurers Under Pressure,â AM Best notes that according to the Thailand General Insurance Association (TGIA), most of the COVID-19 claims in the country have come from a short-term policy that pays a sizable lump sum when a...
