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 growing with rising awareness

Growth in the general insurance sector was up 20 per cent for the first six months of the year, as the Kingdom continues to experience high growth and foreign firms pour money into the nascent industry, according to the president of the Insurance Association of ...

Sok Chan
http://www.phnompenhpost.com/business/insurance-growing-rising-awareness

Insurance industry revenue up 14 percent

Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance Association of Cambodia (IAC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-industry-revenue-up-14-percent-57786/

Insurance investment in construction and property see year-on-year increases

Cambodia’s insurance business is continuing to make strides, with the total value of engineering insurance reaching approximately $4 million in 2013, a significant increase compared to 2012. According to data recently released by the Insurance Association of Cambodia, the value of engineering insurance purchased in 2013 ...

Sum Manet
http://www.phnompenhpost.com/real-estate/insurance-investment-construction-and-property-see-year-year-increases

Agriculture insurance a hard sell

About a year after offering the country’s sole agriculture policy, Forte Insurance is struggling to sell coverage. “We still need time to get farmers to understand the benefits of agricultural insurance,” said Youk Chamroenrith, director and general manager of Forte. “We have four clients signed up ...

Chan Muy Hong
http://www.phnompenhpost.com/business/agriculture-insurance-hard-sell

Insurance claims through the roof

Partly triggered by recent flood damage and an increase in road accidents, claims filed with the six general insurance companies in Cambodia spiked more than 160 per cent in the nine months through to September compared with the same time last year, the latest data ...

Chan Muy Hong
http://www.phnompenhpost.com/business/insurance-claims-through-roof

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