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Insurers facing financial woes over COVID-19 policies

Taipei, July 31 (CNA) The top 12 sellers of COVID-related insurance policies in Taiwan have paid out nearly NT$32 billion (US$1.07 billion) in 2022, and the industry is set for a reckoning amid disputes over claims and payments, according to an expert in the protection of consumers' rights. ....

T Ai Pei , Kay Liu , Hsieh Fang Yu , Hsu Tse Yu , Centers For Disease , Consumer Foundation , Financial Supervisory Commission , Financial Ombudsman Institution , Consumer Foundation Secretary General Hsu Tse Yu , Disease Control , Huang Tien Mu ,

Taiwan's FSC, Israel Securities Authority sign cooperation MOU

Taipei, July 14 (CNA) The Financial Supervisory Commission (FSC), the top financial regulator in Taiwan, on Wednesday signed a memorandum of understanding (MOU) with the Israel Securities Authority (ISA) on future bilateral cooperation. ....

United States , Tel Aviv , T Ai Pei , Frances Huang , Hsieh Fang Yu , Omer Caspi , Cultural Office In Tel Aviv , Financial Supervisory Commission , Global Financial Innovation Network , Israel Securities Authority , Cultural Office , Financial Technology Fintech , Financial Technology , Huang Tien Mu , Anat Guetta , Israel Economic , Lee Ya Ping , Taipei Economic , Fintech Taipei ,

Covid-19 surge leaves Taiwan's insurers struggling to pay out

TAIPEI: Taiwan’s worst Covid-19 outbreak has left the island’s insurers bracing for more than US$1bil (RM4.4bil) in claims that the financial regulator is urging them to honour. ....

T Ai Pei , Mandy Chang , Financial Supervisory Commission , Taiwan Ratings Corp , Huang Tien Mu , Taiwan Ratings ,

COVID-19 surge leaves Taiwan's insurers struggling to pay out

The head of the financial regulator has ordered insurers to pay out on valid COVID-related insurance policies after they faced criticism from lawmakers for dismissing claims. ....

Financial Supervisory Commission , Huang Tien Mu , Covid 19 ,