Naperville, IL -- (SBWIRE) -- 03/07/2013 -- The report provides in depth market analysis, information and insights into the insurance industry in Cambodia, including:
- The Cambodian insurance industry’s growth prospects by insurance segments and categories
- The competitive landscape in the Cambodia insurance industry
- The current trends and drivers of the Cambodia insurance industry
- The challenges facing the Cambodia insurance industry
- The regulatory framework of the Cambodia insurance industry
Scope
This report provides a comprehensive analysis of the insurance industry in Cambodia
- It provides historic values for the Cambodian insurance industry for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
- It offers a detailed analysis of the key segments and categories in the Cambodian insurance industry, along with industry forecasts until 2017
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
- It profiles the top insurance companies in Cambodia and outlines the key regulations affecting them
Reasons to Buy
- Make strategic business decisions using in depth historic and forecast industry data related to the Cambodian insurance industry and each segment within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Cambodian insurance industry
- Assess the competitive dynamics in the Cambodian insurance industry
- Identify the growth opportunities and market dynamics within key segments
- Gain insights into key regulations governing the Cambodian insurance industry and its impact on companies and the industry's future
Key Highlights
- Despite the fact that there were only six insurance companies operating in the Cambodian insurance industry in 2011, the industry is growing.
- The global financial crisis affected the industry in 2009 as the non-life insurance segment, the largest segment in the industry, registered a decline of 6.4%.
- Insurance penetration, as a percentage of GDP, stood at 0.25% in 2011 which is very low when compared with developed countries.
- The Cambodian insurance industry is comprised of domestic insurance companies.
- The fire and motor insurance categories led the industry as the high rate of road accidents supported the growth of motor insurance and the rising incidents of fires in garment manufacturing plants supported the growth of fire insurance.
- Additionally, the inadequate public healthcare system increased the scope for private health insurance in Cambodia.
Companies Mentioned
Forte Insurance CAMINCO Cambodia-Vietnam Insurance Company
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