Covid insurance claims top NT$4 billion
The Financial Supervisory Commission says local insurance companies have now paid out more than NT$4 billion in coronavirus-related insurance claims. As of Monday, insurers had paid out NT$4.04 billion on some 115,000 claims.
The FSC says that figure amounts to nearly 165% of local insurance companies’ receipts from infectious disease policies. The companies had received NT$2.451 billion in premiums on a total of 2.97 million of those policies.
Figures show that, over the past week, insurance companies had paid out an average of NT$200 million per day.