Insurance revenues to rise 20% for the year
Premium revenues across Cambodia’s insurance industry are expected to increase 20 per cent year-on-year in 2011, Mey Vann, director of the Department of Industry and Finance at the Ministry of Economy and Finance, predicted yesterday. The Kingdom’s six insurance firms are set to accrue a total of US$30 million in premium revenue throughout 2011, up from last year’s figure of $25 million, he said at the launch of a reinsurance supervision seminar yesterday…
