Insurers avoid travellers after heavy Covid losses

Insurers avoid travellers after heavy Covid losses

Insurance companies have become reluctant to offer Covid-19 coverage to foreign tourists as the industry was beset by a liquidity crunch after issuing many policies and experiencing a high number of cases the past year.

Tourists remain interested in the country, as new registrations for the Test & Go programme reached 231,216 as of Feb 8.

Siripakorn Cheawsamoot, deputy governor for marketing communications at the Tourism Authority of Thailand, said following discussions with the Office of the Insurance Commission (OIC) over optional Covid-19 insurance for international tourists,…