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Covid-19 lump sum policies to cease
Business, Darana Chudasri, Published on 24/03/2020
» Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.
MTL upbeat despite drop in premiums
Business, Published on 23/08/2019
» Muang Thai Life Assurance (MTL), the country's second largest life insurer by total premiums, continued to see its premiums shrink by 13% from a year earlier for the five months through May, largely thanks to its premium portfolio restructuring in preparation for adoption of International Financial Reporting Standard 17 (IFRS17), starting from 2022.