News
Fire Insurance Costs Soar for Garment Sector
Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...
Insurance firms at loss through first three quarters
Insurance companies have operated at a loss through the first nine months of the year, paying out a total of $32.5 million over $20.4 million in generated revenues, according to data released by the Cambodian Reinsurance Company on Friday. Ty Atith, a senior underwriter at the ...
