News
Insurance payouts up almost one third; industry insiders warn uptake remains low
A senior insurance regulator has described the potential of the Kingdom’s insurance sector, while acknowledging that uptake remains low. ...
Experts: Sluggish growth of insurance sector due to external factors
Slow global economic growth led to Cambodia’s insurance industry achieving a gross premium income of nearly $350 million in 2024, a modest increase of just 1.31% over the previous year. ...
Cambodia issued 1.4M insurance policies, says Chanphirou
Cambodia has issued more than 1.4 million insurance policies and the insurers have more than $1 billion in assets and $453 million in shareholder funds, said Bou Chanphirou, Director General, Insurance Regulator of Cambodia (IRC) on ‘Insurance Day’ celebrations in Sihanoukville on Saturday. ...
Rachel David
https://www.khmertimeskh.com/501530943/cambodia-issued-1-4m-insurance-policies-says-chanphirou/
Crop insurance sees 40 percent boost, covers 76k farmers
Crop insurance coverage has increased more than 40 percent to cover over 76,000 farmers in the country, as per data shared at an event titled, ‘Updates of Insurance Market in Cambodia’, held on Thursday in Phnom Penh. ...
Rachel David
https://www.khmertimeskh.com/501526832/crop-insurance-sees-40-percent-boost-covers-76k-farmers/
Cambodia’s insurance industry sees slight growth in first 5 months of 2024
An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501511655/cambodias-insurance-industry-sees-slight-growth-in-first-5-months-of-2024/
