Post-war Cambodia only saw its first insurance agency in 1990, when the state-owned Caminco opened. Nearly 20 years later, a number of private companies have established themselves, but experts say they still face challenges in a market where few understand the benefits and many can’t afford premiums. “Compared with other countries, our market is very [...]
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Insurance sector bucks worldwide downturn
February 4th, 2009 
Cambodian News Cambodia’s fledgling insurance industry grew 18 percent last year, despite global declines in the sector, said a finance official on Monday. “Premium insurance revenues increased to US$20.5 million in 2008 from $17.5 million in 2007 – up 18 percent,” said In Meatra, head of the Financial Industry Department’s Insurance Division at the Ministry of Finance. [...]