CHAPTER 10: INSURANCE

Cambodia’s insurance sector is growing rapidly with the increasing awareness of Cambodian people about the benefits of obtaining insurance. This has attracted more insurance investors and operators entering into the Cambodian insurance market. This chapter provides you with the key insights needed to navigate the legal requirements under the Insurance Law. By exploring this chapter, you will find the answers to the following important questions related to insurance:

  • How many insurance categories are there? What are they?
  • What types of licenses are needed to conduct insurance business?
  • What is the process for voluntarily liquidating and dissolving an insurance company?
  • What is the liquidation process through the court for an insurance company?

This chapter will equip you with an essential understanding regarding insurance and a guide to compliance.

CONTENTS

  • Background of The Insurance Industry in Cambodia
  • Key Provisions of The Insurance Law
  • Insurance Association of Cambodia (IAC)

 

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