- Infinity Insurance Company in Cambodia (source: www.infinity.com.kh)
Driven mainly by an increase in fire and motor coverage, revenues generated by Cambodia’s six insurance companies in 2011 grew by 19 percent compared with the year before, to $29.7 million, according to data from the General Insurance Association of Cambodia.
Although premiums are rising, those in the insurance industry say that the rates for firms to reinsure their policies are also going up due to an increasing number of claims stemming from events such as the recent folding in Thailand and last year’s tsunami in Japan. [Read full article…]
{ 0 comments }
