A stable political situation and the introduction of more regulations will help spur Cambodia's insurance market writes Nicky Burridge.
Toronto-based Fairfax Financial is set to buy a 35% stake in general insurer BIDV Insurance for an undisclosed sum.
According to reinsurance giant Swiss Re general insurance premiums in 'emerging Asia' countries are set to grow 12.8% on average in 2015.
According to analysis by AM Best the 10 ASEAN region economies are becoming an integral part of the global economy.
International broker group Brokers Link wants to expand its reach to Cambodia, Brunei, Myanmar and Laos to have a presence in all ten ASEAN countries.
The Malaysian Insurance Institute and the Insurance Association of Cambodia have signed a memorandum of understanding to help enhance insurance knowledge and skills development for the insurance profession in Cambodia.
Small brokers in South East Asia are turning to specialist insurance products that are considered too niche to be of interest to their larger counterparts as Nicky Burridge reports.
Bangkok Insurance has confirmed plans to sell its products in Laos and Cambodia in preparation for the region's economic integration in 2015.
Claims lodged with Cambodia's six largest insurers declined by more than 90% in the first quarter of 2012, according to Cambodian daily The Phnom Penh Post.
Much of the world's population has now moved out of extreme poverty and into the lower middle class. Francesca Nyman examines whether there is a market for micro-insurance in this demographic.
As part of a series counting down to Insurance Strategy Asia, Insurance Insight spoke to Prasanna Patil about his views on the Asian insurance market.
Although premium revenue for Cambodia's six big insurance companies rose 19% last year, total claims grew 178%, according to official data from the General Insurance Association of Cambodia.
Global reinsurance broker Aon Benfield has estimated the insured losses from the floods in Thailand could be at least US$4.6bn.