Too little info, too much risk - why insurance firms can’t cover Covid-19

Published: Jan 22, 2021 1:52 PM | Updated: Jan 22, 2021 2:02 PM

Insurance companies are unable to cover the full costs of Covid-19 treatment because there is too little information about the virus to allow firms to price their policies.

General Insurance Association of Malaysia (Piam) chairperson Antony Lee explained today that the “evolving” nature of the pandemic prevented firms from determining the risks...

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