Establishment of the first Cambodian life company
Cambodian authorities are establishing a new insurance company named Cambodian Life Insurance Co. Four foreign partners (PT Asuransi, Indonesia ; Asia Insurance, Hong Kong; Bangkok Life Assurance and Bangkok Insurance Public, Thailand) are involved in this project alongside the Cambodian state insurer which detains 51% of the capital.
Cambodian Life operates nationwide. So far, only six non-life insurers and one reinsurer are present on the market.
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Thu, 04/04/2013 - 15:41
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