Total payouts from Covid-19 insurance lump-sum claims rose to almost 60 billion baht at the end of March.
The Thai General Insurance Association (TGIA) expects the total value to reach 100 billion baht at the end of June, which marks the expiration date for all Covid insurance policies with lump-sum payment in the system.
According to data from the Office of the Insurance Commission (OIC), the accumulated value of Covid insurance claims with lump-sum payments jumped from 52 billion baht as of March 15 to nearly 60 billion at the end of…