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Tag Archives: insurance companies
Insurance industry starts recovery
THE country’s fledgling insurance industry saw revenues pick up at the end of the year to record an annualised 2.86 percent drop in premiums, officials said. Chhay Rattanak, chairman of the General Insurance Association of Cambodia (GIAC), said that total … Continue reading
Increase of premium insurance revenues
Cambodia’s first insurance agency had started in 1990 by the State-owned agency – Caminco. After the 1993 national election, the insurance industry is increasing when local and foreign investors have invested in the sector during nearly 20 years. Even though, … Continue reading
Cambodian insurance sector not hit by recession
The global economic crisis did not hit Cambodia’s fledgling insurance industry but the insurance sector experienced 18 percent growth in premium income last year. The insurance market size, however, has only total value of 20.5 million US dollars. It is … Continue reading