China Export and Credit Insurance
Corporation (Sinosure) planned to enter Cambodia’s insurance market with offering
credit insurance, which protects exporters when buyers fail to pay for
deliveries. Presently, Cambodia has seven general insurance companies and three
life insurance companies. The Insurance Association of Cambodia (IAC) recently
reported an increase in total gross premiums by 37 percent in the first half of
2016, at $56 million. This came from a 16.2 percent increase in general
insurance, and 113.2 percent growth in life insurance.
Source:
http://www.khmertimeskh.com/news/29419/china-to-enter-insurance-market/
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