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Hotels and resorts are empty but have to pay insurance premiums – Sayed-Khaiyum

Hotels and resorts are empty but have to pay insurance premiums – Sayed-Khaiyum

By Dhanjay Deo
Monday 25/05/2020
Minister for Economy Aiyaz Sayed-Khaiyum

Minister for Economy, Aiyaz Sayed-Khaiyum says during the COVID-19 situation, the only certainty we have is the uncertainty.

He made this comment while speaking on the debate on Reserve Bank of Fiji Insurance 2017 Annual Report where Sayed-Khaiyum stated that there is a big issue in the tourism sector where hotels and resorts are empty but they have to pay insurance premiums.


Sayed-Khaiyum says no revenue is being generated, however these hotels and resorts have to pay premiums.

Sayed-Khaiyum says some of the insurance companies are working with these businesses.

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