News

Record growth in insurance

Cambodia’s insurance industry saw record growth in 2016 and was valued at $113 million, according to a report from the Insurance Association of Cambodia (IAC). ...

Sok Chan
http://www.khmertimeskh.com/news/35153/record-growth-in-insurance/

Life insurer targets low-income workers

An obscure NGO is providing life insurance coverage to low-income individuals, mostly garment workers, offering a financial safety net for the families of its policyholders, but triggering the concern of insurance regulators who take issue to its unlicensed operations. ...

Hor Kimsay
http://www.phnompenhpost.com/business/life-insurer-targets-low-income-workers

Thai life insurer to enter local market

Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market

Insurance continues to grow

Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday.  The increase, up from $40.9 million for the same period last year, has been driven by a ...

Sok Chan
http://www.khmertimeskh.com/news/28318/insurance-continues-to-grow/

Cambodia’s insurance premium up 38 pct in Q1

The insurance industry in Cambodia reported a 38-percent increase in gross premium in the first quarter of 2016 over the same period last year, the Insurance Association of Cambodia (IAC) said on Sunday. ...

Khmer Times Team
http://www.khmertimeskh.com/news/24711/cambodia---s-insurance-premium-up-38-pct-in-q1/

Insurance industry sees double-digit premium growth

Total premiums for general insurance rose 16.4 percent last year to about $61.6 million, from $53 million in 2014, with property, fire, vehicle and medical insurance leading the way, the Insurance Association of Cambodia said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/21463/insurance-industry-sees-double-digit-premium-growth/

Insurance premiums swell on new business growth

The growth of new enterprises across many different sectors in Cambodia is driving the rapid growth of insurance premiums and policy holders, the head of the Kingdom’s insurance industry body said yesterday. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/insurance-premiums-swell-new-business-growth

Malaysian Insurance Institute signs agreement with Cambodia Insurance Ass’n.

The Malaysian Insurance Institute (MII) and the Insurance Association of Cambodia (IAC) have signed a Memorandum of Understanding (MoU) for “a bilateral collaboration to forge a beneficial business relationship to further enhance insurance knowledge and skills development for the insurance industry in Cambodia,” said a ...

Insurance Journal News Staff
http://www.insurancejournal.com/news/international/2014/03/03/321950.htm

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