Cambodia’s Insurance Market Driven by Non-Life Business in 1Q 2025
The insurance industry in Cambodia saw a 6% growth in total gross premiums to $102.3m in the first quarter of 2025, compared to $96.6m in the corresponding quarter of 2024, according to statistics released by the Insurance Regulator of Cambodia (IRC). The growth was primarily driven by the non-life business segment.
The Cambodian insurance market has shown resilience with a steady increase in gross premiums. The non-life insurance segment has been a significant contributor to this growth, indicating a rising demand for various insurance products in the country.
The Insurance Regulator of Cambodia has been actively working on promoting the insurance industry. Recent initiatives include organizing events to raise awareness about the importance of insurance among the public.
As the insurance industry continues to grow, it is expected that both life and non-life insurance segments will play crucial roles in the country’s economic development. The industry’s growth is likely to be supported by increasing awareness and regulatory support.
For more detailed information on the Cambodian insurance market, please refer to the full report by the Insurance Regulator of Cambodia.
