News Non-Life25 Jul 2019

Taiwan:Heightened risk of flight cancellations drives more travel insurance sales

Premium income from travel insurance policies sold online in Taiwan saw a 42% surge in the first half of this year to NT$162.6m ($5.23m), reported the Taipei Times citing data from the Financial Supervisory Commission (FSC). The growing popularity of travel insurance comes amidst Taiwanese consumers seeking better financial protection against flights being cancelled due to labour disputes.

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