Robert Elliott, Chairman of Manulife Cambodia, has been awarded the highly prestigious Royal Order of Monisaraphon by the King of Cambodia, Norodom Sihamoni. The award class is Grand Officer and is in recognition of his work developing the insurance industry in the country, driving financial education among the population and contributing to Cambodia's social and economic development.
Amid the COVID-19 pandemic, the microinsurance market in Cambodia saw a significant 21.7% decline in premiums in 3Q2020. In comparison, the overall insurance market saw an 8.2% increase in premiums compared to the same period in 2019.
Etiqa Insurance & Takaful has received licences to operate both general and life insurance business from Cambodia's Ministry of Economy and Finance, the Malaysian leading insurer has announced.
Happy to reach a new milestone as the tenth episode of #MunchwithJenandBen aired with co-hosts Jensen Siaw, International Motivational Speaker, Benjamin Ang, Editor and Ken Kish, Owner of Munch Munch.
The insurance industry in Cambodia saw premiums increase by more than 14% in the first six months of 2019.
The insurance industry in Cambodia saw premiums increase by more than 14% in the first half of last year.
Grand China Life Insurance and Chief (Cambodia) Commercial Bank Plc have signed a MoU aimed at developing Cambodia's insurance sector.
Grand China Life Insurance and Chief (Cambodia) Commercial Bank have entered into a bancassurance partnership to develop the growing insurance sector in Cambodia.
The Insurance Association of Cambodia (IAC) has signed an MoU with general insurers on vehicle insurance whereby the insurers will use accident reports from traffic police to develop an accident scenario assessment and determine compensation. The agreement will come into effect in January next year and seeks to make processing claims more accurate and faster, reported the Khmer Times.
Newly formed Grand China Life Insurance has put in a lot of effort to be as paperless as it can be, the company's CEO Yu Li Qun has said.