Insurers may not renew coverage
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Much has been made of the fact that foreign investors, particularly Japan, were protected by insurance.
That is probably factual, but what is not is the action that can, and probably will, be taken by the insurance companies. They can: cancel future coverage; non renew at policy maturity (usually annual); or double/triple/or more, the premium
Future business by the now “insured” is by no means guaranteed.
Don Aleman
Bangkok
