Insurance claims drop in Q1

Claims on Cambodia’s six biggest insurance companies declined year on year by more than 90 per cent in the first quarter of 2012, data from the General Insurance Association of Cambodia (GIAC) shows. The value of claims in 2011 was raised by fires that gutted two garment factories early last year. There were US$2.1 million in claims between January and March this year, down from $24 million during the same period in 2011. …

http://www.phnompenhpost.com/index.php/2012051156100/Business/insurance-claims-drop-in-q1.html

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