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Malaysia mulls pandemic coverage under BI policies

Posted On: Dec. 1, 2021 9:45 AM CST

Business interruption

Malaysia’s Finance Ministry is mulling the addition of pandemic-related clauses in business interruption policies to extend coverage for pandemic and endemic risks, Free Malaysia Today reported. The ministry is in talks with the Malaysian central bank and insurance and takaful industries to explore ways of covering pandemic risks, including a potential public-private risk sharing partnership.