News

Hope grows in insurance

Even though Cambodia’s insurance industry is still young compared to neighboring countries such as Thailand and Vietnam, there is potential for its growth with the development of human resources in the sector. ...

Sok chan
http://www.khmertimeskh.com/news/27361/hope-grows-in-insurance/

Insurance law reform under way

The Council of Ministers last week approved a raft of changes to the country’s insurance laws, a move that industry insiders hope will better reflect the sector’s current state. The draft law, which was prepared by the Ministry of Economy and Finance, has an additional 14 ...

Hor Kimsay
http://www.phnompenhpost.com/business/insurance-law-reform-under-way

CIMB the latest to add local insurer

CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...

May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer

Country’s First Life Insurance Firm Enters Market

The first company to offer Cambodians life insurance will launch on May 21, an official at the company said yesterday, though experts said the firm could struggle to make good profits in a market where fraudulent claims and limited customers could become a stumbling block. Cambodia ...

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