TOKYO -- Japanese insurer Tokio Marine Holdings expects to book a 53.9 billion yen ($399 million) charge in the July-September quarter related to COVID insurance payouts by a Taiwanese group company.
Insurance
Tokio Marine takes $400m hit from Taiwan COVID payouts
Rush of new customers leads to surge in coronavirus insurance compensation
Insurers in Taiwan have received a surge of claims from people who became infected with COVID-19. © Reuters
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