COVID, vaccine policy payouts cost insurance industry 3 years' worth of profits
08/16/2022 09:01 PM
The top 12 sellers of COVID-19 and vaccine-related insurance policies in Taiwan have paid out NT$57.8 billion (US$1.9 billion) in claims so far in 2022, wiping out more than three years of profits in the country's non-life insurance industry, according to the Financial Supervisory Commission (FSC).
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