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The Insurance Industry in Cambodia, Key Trends and Opportunities to 2020

The Insurance Industry in Cambodia, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'The Insurance Industry in Cambodia, Key Trends and Opportunities to 2020' report provides a detailed analysis of the Cambodian insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011–2015) and forecast (2015–2020) periods.

The report also gives a comprehensive overview of the Cambodian economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes analysis of the impact of natural hazards on the insurance industry.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations and recent changes in the regulatory structure.

Summary

Timetric’s 'The Insurance Industry in Cambodia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Cambodian insurance industry, including:

  • An overview of the Cambodian insurance industry
  • The Cambodian insurance industry's growth prospects by segment and category
  • A comprehensive overview of the Cambodian economy and demographics
  • The detailed competitive landscape in the Cambodian insurance industry
  • Details of regulatory policy applicable to the Cambodian insurance industry
  • An analysis of natural hazards in the Cambodian insurance industry
Scope

This report provides a comprehensive analysis of the insurance industry in Cambodia:
  • It provides historical values for the Cambodian insurance industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key segments in the Cambodian insurance industry, with market forecasts to 2020.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
  • It profiles the top insurance companies in Cambodia, and highlights recent developments.
  • It covers the economy and demographic structure of Cambodia.
  • It analyzes the impact of natural hazards in the Cambodian insurance industry.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Cambodian insurance industry and each segment and category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Cambodian insurance industry.
  • Assess the competitive dynamics in the Cambodian insurance industry.
  • Identify growth opportunities and market dynamics in key segments.
  • Gain insights into key regulations governing the Cambodian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • In February 2017, Cambodia Rice Federation (CRF) started talks with industry experts on the development and promotion of agriculture insurance schemes in the country.
  • In March 2016, the Cambodian insurance regulator (Ministry of Economy and Finance – MEF) announced plans to develop and revise regulations related to life insurance business in the country.
  • The MEF permits 100% foreign direct investment in the insurance industry and, as a result, both domestic and foreign insurance companies are present in the country.
  • The top four general insurers together accounted for 84.2% of the country’s gross written premium.


  • Key Facts and Highlights
    • Table Cambodian Insurance Industry - Key Facts, 2015
    • Table Cambodian Insurance Industry -Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
  • Industry Outlook
    • Table Cambodian Number of Fatalities by Mode of Transportation, 2011-2015
    • Industry Indicators
      • Gross written premium
        • Table Cambodian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2011-2015
        • Table Cambodian Insurance Industry - Gross Written Premium by Segment (US$ Million), 2015-2020
        • Table Cambodian Insurance Industry - Density (Direct Written Premium Per Capita) by Segment (US$), 2011-2015
        • Table Cambodian Insurance Industry - Density (Direct Written Premium Per Capita) by Segment (US$), 2015-2020
      • Assets and investments
        • Table Cambodian Insurance Industry - Total Assets by Segment (US$ Million), 2011-2015
        • Table Cambodian Insurance Industry - Total Assets by Segment (US$ Million), 2015-2020
        • Table Cambodian Insurance Industry - Total Investment Income by Segment (US$ Million), 2011-2015
        • Table Cambodian Insurance Industry - Total Investment Income by Segment (US$ Million), 2015-2020
  • Non-Life Insurance Outlook
    • Property Insurance
      • Gross written premium
        • Table Cambodian Property Insurance - Gross Written Premium (US$ Million), 2011-2015
        • Table Cambodian Property Insurance - Gross Written Premium (US$ Million), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Property Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Property Insurance - Loss Ratio (%), 2015-2020
    • Motor Insurance
      • Gross written premium
        • Table Cambodian Motor Insurance - Gross Written Premium (US$ Million), 2011-2015
        • Table Cambodian Motor Insurance - Gross Written Premium (US$ Million), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Motor Insurance - Loss Ratio (%), 2015-2020
    • Liability Insurance
      • Gross written premium
        • Table Cambodian Liability Insurance - Gross Written Premium (US$ Thousands), 2011-2015
        • Table Cambodian Liability Insurance - Gross Written Premium (US$ Thousands), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Liability Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Liability Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Gross written premium
        • Table Cambodian Marine, Aviation and Transit Insurance - Gross Written Premium (US$ Million), 2011-2015
        • Table Cambodian Marine, Aviation and Transit Insurance - Gross Written Premium (US$ Million), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Personal Accident and Health Insurance Outlook
    • Personal Accident Insurance
      • Gross written premium
        • Table Cambodian Personal Accident Insurance - Gross Written Premium (US$ Million), 2011-2015
        • Table Cambodian Personal Accident Insurance - Gross Written Premium (US$ Million), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Gross written premium
        • Table Cambodian Health Insurance - Gross Written Premium (US$ Million), 2011-2015
        • Table Cambodian Health Insurance - Gross Written Premium (US$ Million), 2015-2020
      • Penetration
      • Profitability
        • Table Cambodian Health Insurance - Loss Ratio (%), 2011-2015
        • Table Cambodian Health Insurance - Loss Ratio (%), 2015-2020
  • Reinsurance Outlook
    • Premium Ceded
      • Table Cambodian Reinsurance - Premium Ceded by Insurance Segment (US$ Million), 2011-2015
      • Table Cambodian Reinsurance - Premium Ceded by Insurance Segment (US$ Million), 2015-2020
  • Distribution Channel Outlook
  • Natural and Man-Made Hazards
    • Flooding
    • Droughts
    • Man-Made Hazards
    • Epidemic
    • Exposure
  • Competitive Landscape
    • Table Cambodian Insurance Industry - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Forte Insurance Company - company overview
        • Table Forte Insurance Company - Key Facts
      • Infinity General Insurance Plc - company overview
        • Table Infinity General Insurance Plc - Key Facts
      • Campu Lonpac Insurance Plc - company overview
        • Table Campu Lonpac Insurance Plc - Key Facts
      • Asia Insurance (Cambodia) Plc - company overview
        • Table Asia Insurance (Cambodia) Plc - Key Facts
      • Cambodia - Vietnam Insurance Company Plc - company overview
        • Table Cambodia - Vietnam Insurance Company Plc - Key Facts
      • Cambodian National Insurance Company - company overview
        • Table Cambodian National Insurance Company - Key Facts
  • Governance, Risk and Compliance
    • Table Cambodia - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Cambodia - Life Insurance Regulatory Framework
      • Property insurance
        • Table Cambodia - Property Insurance Regulatory Framework
        • Table Cambodia- Motor Insurance Regulatory Framework
      • Motor insurance
        • Table Cambodia- Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Cambodia - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Liability insurance for contractors
      • Motor third-party liability insurance
      • Insurance for passenger liability on public transport
      • Worker's compensation
      • Professional indemnity insurance for insurance brokers
      • Liability insurance for ships with respect to oil pollution
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Ministry of Economy and Finance
      • General Insurance Association of Cambodia (GIAC)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Cambodia - Corporate Tax Rates for the Financial Year 2017
      • VAT
      • Captives
      • Property tax
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Non-Life Insurance
      • Policies and premium
        • Table Cambodian Non-Life Insurance - Policies and Premium, 2011-2015
        • Table Cambodian Non-Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Cambodian Non-Life Insurance - Claims and Expenses, 2011-2015
        • Table Cambodian Non-Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Cambodian Non-Life Insurance - Assets and Investments, 2011-2015
        • Table Cambodian Non-Life Insurance - Assets and Investments, 2015-2020
      • Property insurance by product
        • Table Cambodian Non-Life Insurance - Property Insurance by Product, 2011-2015
        • Table Cambodian Non-Life Insurance - Property Insurance by Product, 2015-2020
      • Motor insurance
        • Table Cambodian Non-Life Insurance - Motor Insurance, 2011-2015
        • Table Cambodian Non-Life Insurance - Motor Insurance, 2015-2020
      • Liability insurance
        • Table Cambodian Non-Life Insurance - Liability Insurance, 2011-2015
        • Table Cambodian Non-Life Insurance - Liability Insurance, 2015-2020
      • Marine, aviation and transit insurance
        • Table Cambodian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
        • Table Cambodian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
    • Personal Accident and Health Insurance
      • Policies and premium
        • Table Cambodian Personal Accident and Health Insurance - Policies and Premium, 2011-2015
        • Table Cambodian Personal Accident and Health Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Cambodian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Cambodian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Cambodian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Cambodian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
      • Personal accident insurance
        • Table Cambodian Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
        • Table Cambodian Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
      • Health insurance
        • Table Cambodian Personal Accident and Health Insurance - Health Insurance, 2011-2015
        • Table Cambodian Personal Accident and Health Insurance - Health Insurance, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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