Prudential has appointed Mr Naveen Tahilyani as regional CEO for India, the Philippines, Cambodia, Laos, Myanmar, as well as Africa, with responsibility for health, effective 29 July.
Cambodia's insurance regulator, the Insurance Regulator of Cambodia (IRC), organised 'Cambodia Insurance Day 2025' at Battambang Province earlier this month. The event was held in cooperation with the Insurance Association of Cambodia, the Insurance Broker Association of Cambodia and other insurance institutions.
Cambodia's insurance industry recorded gross premiums of $357m in 2024, up from $36.1m in 2012, an annual average growth rate of 25%, according to the Khmer Times.
Prudential Cambodia and PPCBank celebrated the fifth anniversary of their bancassurance partnership by extending their Memorandum of Understanding (MoU) for another five years.
The Insurance Regulator of Cambodia (IRC) and Korea Insurance Development Institute (KIDI) have jointly signed a memorandum of understanding (MoU) on insurance development between Cambodia and South Korea, a local Cambodian newspaper reported.
Munich Re has appointed Ms Hanh Nguyen as head of treaty P&C underwriting for Southeast Asia (SEA) and India, effective 1 March 2025. Since 2024, she has been acting as deputy head of treaty P&C underwriting for SEA and India.
The Insurance Regulator of Cambodia (IRC) and Department of State-Owned Enterprises and Insurance Supervision (SOEI) signed a Memorandum of Understanding (MoU) at the Non-Bank Financial Services Authority Building in Phnom Penh, Cambodia, according to a media release from the IRC.
Ly Hour SBI Insurance board member and chief executive officer Okhna Ly Sopheap said in an interview with Cambonomist, that despite facing a series of global challenges, the Cambodian insurance sector is still able to stand strong and play a significant role in helping to develop the economy.
The Cambodian insurance industry registered a gross premium income of $356.4m in 2024, an increase of 3.5% from $344.2m during 2023. The new figures are a part of a report released by the Insurance Regulator of Cambodia (IRC) in January 2025.
The Asian Development Bank has come out with a report on Cambodia's disaster risk financing that also highlights the nation's vulnerabilities to natural disasters and the urgent need for robust financial mechanisms.