Cambodian insurance market: turnover increase

According to industry professionals, the Cambodian insurance market has recorded a significant increase in its turnover over the past five years.

The average annual growth rate is 20%. The premium volume of all local insurers reached 294.4 million USD in 2021.

It should be recalled that Cambodia currently has 18 non-life insurers, 14 life entities, 7 microinsurance companies, one reinsurer, 18 brokers, 34 corporate executives and 2 loss adjusters.