COVID-19 insurance policies, paying out on infection, cancelled

13 Sept 11:31 Key points summarised by AI

Insurance companies are cancelling popular "Found, Paid, Done" COVID-19 policies that paid out upon infection, citing a surge in cases and escalating claim liabilities.
New insurance products are being introduced, shifting focus to cover medical treatments, comas, and allergic reactions to COVID-19 vaccines, often excluding medical personnel.
The Thai General Insurance Association estimates potential claims could reach one billion Baht, prompting major insurers like Viriyah, Syn Mun Kong, and Bangkok Insurance to revoke or suspend their previous offerings.

Speculation growing over merger between Bhumjaithai and Kla Tham parties

Today 16:46 Key points summarised by AI

A dinner between Bhumjaithai and Kla Tham party leaders sparked rumors of a potential merger, though Bhumjaithai's leader, Anutin, downplayed it as a casual meal.
The meeting is widely interpreted as a strategic message from Bhumjaithai to the Pheu Thai party, signaling alternative support ahead of an upcoming no-confidence debate.
Thailand's Constitution (Section 99) currently prohibits direct mergers of parties with sitting MPs during the House's term, a rule designed to prevent the 'buying and selling' of MPs.
While direct mergers are restricted, MPs can still switch parties if dismissed by a three-fourths party vote or if their party dissolves, allowing for indirect political realignments.
Kla Tham's voting behavior in the censure debate will demonstrate its loyalty to the government, potentially influencing future political dynamics despite current merger restrictions.