Full premium refund option proposed by two ailing insurance companies

13 Sept 22:54 Key points summarised by AI

Southeast Insurance and Thai Insurance are offering full premium refunds to COVID-19 policyholders who have not made claims, as they prepare to cease operations.
This option is available while the companies remain financially stable, following their applications to the Insurance Commission to return their operating licenses due to heavy COVID-19 related payouts.
Customers can apply for refunds via QR codes on the companies' websites between February 1st and 7th; insurance coverage will terminate upon application for the refund.
The situation reflects a wider financial crisis for several Thai insurance companies that issued "Found, Paid, Done" COVID-19 policies, leading to significant losses and some license revocations.

Bai Lu meet-and-greet cancelled days after China’s safety warning

Yesterday 15:28 Key points summarised by AI

Thailand's Tourism and Sports Minister announced the government will seek clarification from the Chinese Embassy regarding its recent travel advisory warning Chinese nationals about safety concerns in Thailand.
The travel advisory is anticipated to negatively impact the number of Chinese tourists visiting Thailand, despite recent increases in arrivals.
A meet-and-greet event featuring Chinese actress Bai Lu, a WeTV Global Ambassador, was abruptly cancelled just days after the Chinese Embassy issued its safety warning, though no official reason was provided.
The Chinese Embassy's advisory urged citizens to beware of job scams, fraudulent investments, suspicious travel arrangements, and the risk of illegal detention or being lured to the Thai-Myanmar border.
Chinese nationals were advised to verify job offers, use legitimate transport, avoid high-risk border areas, protect personal documents, and keep family informed of travel plans.