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Thai insurer’s Coronavirus cover draws ‘Overwhelming’ demand

Since it began selling policies in February, TQM Corp. — together with insurance partners that include Bangkok Insurance Pcl and Dhipaya Insurance Pcl — has sold more than 1 million plans for infection by the virus, company President Unchalin Punnipa said Thursday. Policies cost between 439 baht ($13.31) and 1,250 baht for one-year coverage of as much as 1 million baht for medical treatment and compensation if holders contract the disease, according to the company’s website.

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Formulate plan to contain Covid-19 spread: Cabinet Secy to states, UTs

The lockdown period provides the country a window of opportunities to act positively and be prepared to face any eventuality, Gauba told chief secretaries of all states and UTs through video conference.

“Next few days will be very important for all and we need to sustain our containment efforts and utilize all available resources as per the requirement,” he said.

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Caronavirus Pandemic: After the virus, what world will we live in?

“The potential for widespread social unrest in countries that have not provided a social safety net for those losing their jobs during this crisis strikes me as very real, with possible repercussions for governance and more” said Joshua Geltzer, visiting professor of law at Georgetown University.
Countries like Russia and Turkey, led by the same strongmen for two decades, will be hoping that their measures will be enough to spare them the worst of the virus and any political consequences.

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Coronavirus Pandemic: Short-term closure of plants or premises can pose risks for companies:AGCS Study

“We already see a number of losses that occur on holidays or weekends when employees are not largely present on sites or premises,” says Ralf Dumke, Regional Head of Risk Consulting Property, AGCS Central & Eastern Europe: “The production and operating shutdowns currently being caused by the coronavirus pandemic can also bring increasing hazards for businesses.

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