Cambodia Archives - InsuranceAsia News https://insuranceasianews.com/country/cambodia/ Tue, 11 Nov 2025 02:35:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 From AI to climate change and fraud, 3 takeaways from the Insurance Innovators Summit https://insuranceasianews.com/from-ai-to-climate-change-and-fraud-3-takeaways-from-the-25th-insurance-innovators-summit/ Mon, 10 Nov 2025 21:30:13 +0000 https://insuranceasianews.com/?p=204217 Innovation on the agenda in London, but rising risks continue to test the market.

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Over 2,000 delegates from across the world headed to London for the 25th Insurance Innovators Summit last week, where the future of the market and its risks were at the top of the agenda.
With over 40...

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]]> Trump’s tariffs on Asia to strain supply chains and regional economies https://insuranceasianews.com/trumps-tariffs-on-asia-to-strain-supply-chains-and-regional-economies/ Thu, 03 Apr 2025 23:57:52 +0000 https://insuranceasianews.com/?p=180443 As markets react negatively, experts warn of potential vulnerabilities, particularly in sectors like specialty insurance and agriculture, highlighting the far-reaching implications of escalating trade tensions.

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US President Donald Trump’s aggressive decision to impose a 10% universal tariff on all imported goods, with substantively higher levies for a host of countries across Asia, is likely to leave regiona...

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]]> IFRS 17 readiness and implementation “not fit for purpose” for some APAC players https://insuranceasianews.com/ifrs-17-readiness-and-implementation-not-fit-for-purpose-for-some-apac-players/ Thu, 05 Dec 2024 23:30:14 +0000 https://insuranceasianews.com/?p=171334 There are “specific pockets” where problems with IFRS 17 are still manifest in the Asia market, including aspects of reporting.

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A year after the International Financial Reporting Standard 17 (IFRS 17) went live, a number of (re)insurers across the APAC region are still struggling with implementation of the latest iteration of ...

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]]> Cambodia to join Asean compulsory motor insurance system https://insuranceasianews.com/cambodia-to-join-asean-compulsory-motor-insurance-system/ Wed, 04 Sep 2024 09:28:57 +0000 https://insuranceasianews.com/?p=162031 The system provides vehicle mandatory third-party liability cover to vehicles transiting across the borders of 10 Asean countries.

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Cambodia is taking steps to join the Asean compulsory motor insurance (ACMI) system which makes it mandatory for vehicles from the region transiting through Cambodia to have third-party liability insu...

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]]> Crawford partners with Vietnam’s NorthStar https://insuranceasianews.com/crawford-partners-with-vietnams-northstar/ Wed, 12 Apr 2023 04:06:28 +0000 https://insuranceasianews.com/?p=122644 The tie-up between the loss adjusters is designed to strengthen service and improve customer experience across the region of Cambodia, Laos, Myanmar and Vietnam (CLMV).

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Crawford has partnered with Vietnam’s NorthStar Adjuster Joint Stock Company which, as a result, will now become a Crawford network partner.
Crawford will now be represented in Vietnam by NorthStar wi...

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]]> Asia’s mega rail projects to ignite premium boom https://insuranceasianews.com/asias-mega-rail-projects-to-ignite-construction-premium-boom/ Mon, 20 Feb 2023 23:45:29 +0000 https://insuranceasianews.com/?p=118501 The China-backed infra projects set to generate US$14bn by 2030 come as a blessing for local and international carriers.

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It was never going to be plain sailing – or should that be plain railing? According to recent reports, Indonesia's planned high-speed rail project, the first such in the country and an integral part o...

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]]> Cambodia to pilot fish-farming insurance by year-end: report https://insuranceasianews.com/cambodia-to-pilot-fish-farming-insurance-by-year-end-report/ Mon, 22 Aug 2022 11:05:39 +0000 https://insuranceasianews.com/?p=106527 The programme will be introduced in Pursat, Battambang and Siem Reap provinces.

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Cambodian general insurer Forte Insurance Group is planning a pilot fish farming insurance programme in Pursat, Battambang and Siem Reap provinces of the country, according to a report by The Phnom Pe...

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]]> Cambodia’s GWP grew 20% on average annually for five years: report https://insuranceasianews.com/cambodias-gwp-grew-20-annually-on-average-over-five-years-report/ Mon, 25 Jul 2022 22:05:17 +0000 https://insuranceasianews.com/?p=104576 The market maintained positive growth of around 10% in 2021.

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Cambodia's insurance industry has seen remarkable development in the last five years, with an average annual premium growth of 20%, according to a report from Chinese media outlet Xinhuanet.com.
Speak...

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]]> HDI Global appoints Asean claims head https://insuranceasianews.com/hdi-global-appoints-asean-claims-head/ Wed, 29 Sep 2021 07:23:02 +0000 https://insuranceasianews.com/?p=89178 Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.

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HDI Global Singapore has appointed Raymond Ong to head its claims operations for Asean and the Middle East effective from October 4, the German-headquartered insurer said Wednesday.
Insurance veteran ...

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]]> Cambodia resilient as general insurance grows 10.5% in 2020: report https://insuranceasianews.com/cambodias-general-insurance-market-grows-10-5-in-2020-report/ Fri, 11 Jun 2021 07:05:45 +0000 https://insuranceasianews.com/?p=81948 The highest increases were seen in property and medical insurance.

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The general insurance industry in Cambodia grew by 10.5% in 2020, according to a report by the English-language daily Khmer Times citing data from the National Bank of Cambodia (NBC).
The highest inc...

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