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Cambodian insurers' premiums rise 30%

Posted On: Mar. 28, 2019 6:13 AM CST

The Insurance Association of Cambodia said that local insurers' gross written premiums grew 30% year over year to more than $196 million in 2018, Asia Insurance Review reported citing sources. Property insurance premiums increased by more than 15%. Huy Vatharo, the association's chairman, said that general insurers settled more than $22 million worth of claims in 2018.

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