The Insurance Industry in Cambodia, Key Trends and Opportunities to 2022

Published : Jun-2018

No. of Pages : 91

order by fax Inquire before Buying request discount

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Industry Outlook
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Insurance density
5 Life Insurance Outlook
6 General Insurance Outlook
6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Penetration
6.2 Property Insurance
6.2.1 Gross written premium
6.3 Motor Insurance
6.3.1 Gross written premium
6.4 Marine, Aviation and Transit Insurance
6.4.1 Gross written premium
6.5 Personal Accident and Health Insurance
6.5.1 Gross written premium
6.6 Miscellaneous
6.6.1 Gross written premium
7 Reinsurance Outlook
8 Distribution Channel Outlook
9 Natural and Man-Made Hazards
9.1 Flooding
9.2 Droughts
9.3 Epidemics
9.4 Man-Made Hazards
9.5 Exposure
10 Competitive Landscape
11 Governance, Risk and Compliance
11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life insurance
11.3.2 Property insurance
11.3.3 Motor insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Liability insurance for contractors
11.4.2 Motor third-party liability insurance
11.4.3 Insurance for passenger liability on public transport
11.4.4 Worker's compensation
11.4.5 Professional indemnity insurance for insurance brokers
11.4.6 Liability insurance for ships with respect to oil pollution
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervisors
11.5.2 Ministry of Economy and Finance
11.5.3 General Insurance Association of Cambodia (GIAC)
11.6 Non-Admitted Insurance Regulations
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations
11.7.1 Type of insurance organization
11.7.2 Establishing a local company
11.7.3 Foreign ownership
11.7.4 Types of license
11.7.5 Capital requirements
11.7.6 Solvency margin
11.7.7 Reserve requirements
11.7.8 Investment regulations
11.7.9 Statutory return requirements
11.7.10 Fee structure
11.8 Taxation
11.8.1 Insurance premium or policy taxation
11.8.2 Withholding taxes on premium paid overseas
11.8.3 Corporate tax
11.8.4 VAT
11.8.5 Captives
11.8.6 Property tax
11.9 Legal System
11.9.1 Introduction
11.9.2 Access to court
11.9.3 Alternative dispute resolution
12 Databook
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Individual life insurance
12.1.4 Group life insurance
12.2 General Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Property insurance
12.2.4 Property insurance by category
12.2.5 Motor insurance
12.2.6 Marine, aviation and transit insurance
12.2.7 Personal accident and health insurance
12.2.8 Personal accident and health insurance by category
12.2.9 Miscellaneous
13 Definitions and Methodology
13.1 Definitions
13.2 Methodology
14 About GlobalData
14.1 Contact GlobalData
14.2 About GlobalData
14.3 GlobalData's Services
14.4 Disclaimer

List of Tables
Table 1: Cambodian Insurance Industry - Key Facts, 2017
Table 2: Cambodian Government Credit Ratings
Table 3: Cambodian Insurance Industry - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 4: Cambodian Insurance Industry - Density (KHR), 2013-2017
Table 5: Cambodian General Insurance - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 6: Cambodian General Insurance - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 7: Cambodian Property Insurance - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 8: Cambodian Property Insurance - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 9: Cambodian Motor Insurance - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 10: Cambodian Motor Insurance - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 11: Cambodian Marine, Aviation and Transit Insurance - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 12: Cambodian Marine, Aviation and Transit Insurance - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 13: Cambodian Personal Accident and Health Insurance - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 14: Cambodian Personal Accident and Health Insurance - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 15: Cambodian Miscellaneous - Gross Written Premium (KHR Billion and US$ Million), 2013-2017
Table 16: Cambodian Miscellaneous - Gross Written Premium (KHR Billion and US$ Million), 2017-2022
Table 17: Cambodia - Insurance Regulatory Framework Key Features
Table 18: Cambodia - Life Insurance Regulatory Framework
Table 19: Cambodia - Property Insurance Regulatory Framework
Table 20: Cambodia- Motor Insurance Regulatory Framework
Table 21: Cambodia- Motor Insurance Regulatory Framework
Table 22: Cambodia - Liability Insurance Regulatory Framework
Table 23: Cambodia - Corporate Tax Rates for the Financial Year 2017
Table 24: Cambodian Life Insurance - Policies and Premium, 2013-2017
Table 25: Cambodian Life Insurance - Policies and Premium, 2017-2022
Table 26: Cambodian Life Insurance - Claims and Expenses, 2013-2017
Table 27: Cambodian Life Insurance - Individual Life Insurance, 2013-2017
Table 28: Cambodian Life Insurance - Group Life Insurance, 2013-2017
Table 29: Cambodian General Insurance - Policies and Premium, 2013-2017
Table 30: Cambodian General Insurance - Policies and Premium, 2017-2022
Table 31: Cambodian General Insurance - Claims and Expenses, 2013-2017
Table 32: Cambodian General Insurance - Claims and Expenses, 2017-2022
Table 33: Cambodian General Insurance - Property Insurance, 2013-2017
Table 34: Cambodian General Insurance - Property Insurance, 2017-2022
Table 35: Cambodian General Insurance - Property Insurance by Category, 2013-2017
Table 36: Cambodian General Insurance - Property Insurance by Category, 2017-2022
Table 37: Cambodian General Insurance - Motor Insurance, 2013-2017
Table 38: Cambodian General Insurance - Motor Insurance, 2017-2022
Table 39: Cambodian General Insurance - Marine, Aviation and Transit Insurance, 2013-2017
Table 40: Cambodian General Insurance - Marine, Aviation and Transit Insurance, 2017-2022
Table 41: Cambodian General Insurance - Personal Accident and Health Insurance, 2013-2017
Table 42: Cambodian General Insurance - Personal Accident and Health Insurance, 2017-2022
Table 43: Cambodian General Insurance - Personal Accident and Health Insurance by Category, 2013-2017
Table 44: Cambodian General Insurance - Personal Accident and Health Insurance by Category, 2017-2022
Table 45: Cambodian General Insurance - Miscellaneous, 2013-2017
Table 46: Cambodian General Insurance - Miscellaneous, 2017-2022
Table 47: Insurance Industry Definitions

List of Figures
Figure 1: Cambodian Real GDP (KHR Trillion), 2013-2022
Figure 2: Cambodian Exchange Rate (KHR per US$), 2013-2022
Figure 3: Cambodian Consumer Price Inflation (%), 2013-2022
Figure 4: Cambodian Current Account Balance as Percentage of GDP (%), 2013-2017
Figure 5: Cambodian Unemployment Rate, 2013-2022
Figure 6: Cambodian Population by Age Group, 2013-2022
Figure 7: Cambodian Insurance Industry - Gross Written Premium (KHR Billion), 2013-2017
Figure 8: Cambodian Insurance Industry - Density (KHR), 2013-2017
Figure 9: Cambodian General Insurance - Gross Written Premium (KHR Billion), 2013-2022
Figure 10: Cambodian General Insurance - Penetration (%), 2013-2017
Figure 11: Cambodian General Insurance - Penetration (%), 2017-2022
Figure 12: Cambodian Property Insurance - Gross Written Premium (KHR Billion), 2013-2022
Figure 13: Cambodian Motor Insurance - Gross Written Premium (KHR Billion), 2013-2022
Figure 14: Cambodian Marine, Aviation and Transit Insurance - Gross Written Premium (KHR Billion), 2013-2022
Figure 15: Cambodian Personal Accident and Health Insurance - Gross Written Premium (KHR Billion), 2013-2022
Figure 16: Cambodian Miscellaneous - Gross Written Premium (KHR Billion), 2013-2022
Figure 17: Cambodia - Insurance Supervision and Control at Various Levels
Figure 18: Cambodia - Insurance Regulatory Frameworks for Company Registration and Operation

Filed in: Banking & Finance, Insurance

Publisher : GlobalData

Name:
Email:
Phone:
Subject:
Comments:

More Reports

Title	Price	Buy Now
Payment Processing Solutions Market by Payment Method (Debit Card, Credit Card, eWallets, ACH), Deployment Type (On-premises, Cloud-based), Vertical (BFSI, Government and Utilities, Telecom and IT, Healthcare) and Region – Global Forecast to 2027 MarketsandMarkets forecasts the payment processing solutions market size to grow from USD 90.9 billion in 2022 to USD 147.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period. “By Payment method, the credit card record a larger market share during the forecast period” Credit card is a payment card issued to users , enabling the cardholder to pay a merchant for goods and services and other charges. A credit card enables consumers to build a continuing balance of debt, subject to interest being charged. A credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer. The banks and other financial institutes offer various credit cards, such as business, secured, prepaid, and digital cards. “By D......	$4950
Goldman Sachs Wealth Management – Competitor Profile Goldman Sachs Wealth Management - Competitor Profile Summary This competitor profile provides a comprehensive analysis of Goldman Sachs' private banking and wealth management operations. It offers insight into the company's strategy and financial performance, including key data on assets under management. Customer targeting, service proposition, product innovation, and marketing activities are also covered. Goldman Sachs is one of the leading financial services companies globally, with a presence in 29 locations. It operates through four business divisions: Investment Banking, Global Markets, Asset Management, and Consumer and Wealth Management. Scope - In January 2020, Goldman Sachs introduced a new Consumer and Wealth Management division. Wealth Management was previously under Inves......	$1295
Israel PESTLE Insights – A Macroeconomic Outlook Report Israel PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 32.9% to the gross value added (GVA) in 2020, followed by mining, manufacturing and utilities (14.2%) and transport, storage and communication (13.4%). According to GlobalData, the three sectors are forecast to grow by 5.9%, 2.2% and 5.4%, respectively, in 2021. Tel Aviv and Jerusalem accounted for 56.5% of the country's GDP and 59.7% of Israel's population in 2020 The overall TA 25 (Israeli Stock Exchange) index exhibited an upward trend over the past year. As of November 12, 2021, the TA index stood at 1,889.38, compared to 1,418.39 on November 12, 2020. Scope - The Infrastructure For Growth' program aims to invest ILS230 billion ($70 billion) in......	$500
AXA – Enterprise Tech Ecosystem Series AXA - Enterprise Tech Ecosystem Series Summary AXA SA is a global insurance company offering both life and non-life insurance products. It offers life insurance and savings products such as individual life insurance, group life insurance, health and personal protection products, and individual and group savings retirement products. It also offers property and casualty insurance products such as motor, household, property, and general liability insurance, apart from retail banking products and services. AXA operates in six geographical segments namely France, Asia, Europe, AXA XL (the U.S.-based subsidiary of AXA offering insurance products to commercial establishments), transversal and central holdings and international, which comprises Africa, Latin America, and Middle East. The company......	$1495
Tenpay – Competitor Profile Tenpay - Competitor Profile Summary Tenpay is the second-largest online payment platform in China, behind only Alipay. It was launched in 2005 by Tencent, China's leading internet company. Tenpay supports online, in-app, and in-store payments both in China and abroad. Tenpay users can make fund transfers to other users' Tenpay accounts or their bank accounts. Users can also make mortgage and credit card payments and can invest in various financial products. Tencent also owns popular social media platforms including QQ Messenger and WeChat; it has integrated payment services into these apps called QQ Wallet and WeChat Pay, allowing users to conduct payment transactions directly. Tenpay is concentrated mostly in China, although it has expanded its services to select international markets......	$350
Google Pay – Competitor Profile Google Pay - Competitor Profile Summary Google Pay was launched in February 2018. The service was formed following the merger of Google's existing Google Wallet and Android Pay payment brands. The solution is accepted at millions of retail outlets globally and supports all of the major payment networks, including American Express, Mastercard, Visa, Discover (US only), Visa Electron (excluding the US), PayPal, and JCB (Japan and US only). It is supported by a host of major banks and credit unions in the US. Users can store details of multiple debit, credit, and prepaid cards on Google Pay, which can be used to make payments at merchant outlets. In addition to in-store payments, Google Pay allows consumers to make online payments, enabling users to shop on participating websites. In India......	$350
Alipay – Competitor Profile Alipay - Competitor Profile Summary Launched in 2004, Alipay is the largest alternative payment service provider globally in terms of transaction value. It is a subsidiary of Ant Financial Services, which is controlled by Alibaba Group. Alipay allows users to make fund transfers as well as online, in-app, and in-store payments at home and abroad. It is the primary method of payment for Alibaba's online marketplaces, including AliExpress, Tmall, and Taobao. In FY2021 ended March 31, almost 70% of gross merchandise value in Alibaba's Chinese marketplaces was settled via Alipay. The solution has become mainstream in China and is used to make payments for everything from retail purchases to taxi fares and hospital costs. Alipay is accepted in more than 110 countries, allowing Chinese touri......	$350
Hong Kong Retail Banking Market to 2025 – Analyzing Mortgage, Deposit, Lending Market Trends, and Digital & Alternative Channel Preferences Hong Kong Retail Banking Market to 2025 - Analyzing Mortgage, Deposit, Lending Market Trends, and Digital & Alternative Channel Preferences Summary The retail banking sector in Hong Kong has shown growth despite the recent impact of COVID-19. Residential mortgages and retail deposits recorded the highest compound annual growth rates (CAGRs) in the region, with the exception of China. Consumer credit lending showed a strong CAGR in personal loans, again only trailing the Chinese market. However, growth across credit cards was weaker as economic activity decreased due to the pandemic. The Hong Kong market has witnessed a triple threat over the last few years. Its economy entered a recession in 2017 as geopolitical forces such as the US-China trade war had effects on the territory. Domestic......	$5250
Guyana Insurance Industry – Key Trends and Opportunities to 2025 Guyana Insurance Industry - Key Trends and Opportunities to 2025 Summary GlobalData's 'Guyana Insurance Industry - Key Trends and Opportunities to 2025' report provides in-depth market analysis, information and insights into the Guyanese insurance industry. This report provides a detailed outlook by product category for the Guyanese insurance industry. It provides values for key performance indicators such as gross written premium, penetration, density and cession rates, during the review period (2016-2020) and forecast period (2020-2025). The report gives a comprehensive overview of Guyanese economy and demographic, covid-19 impact on the industry and provides detailed information on the competitive landscape in the country. The report brings together GlobalData's research, modeling......	$1450
Iran Cards and Payments – Opportunities and Risks to 2025 Iran Cards and Payments - Opportunities and Risks to 2025 Summary GlobalData's Iran Cards and Payments - Opportunities and Risks to 2025' report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards and cheques during the review-period (2017-21e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2021e-25f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes. The report brings together GlobalData's......	$2750

The Insurance Industry in Cambodia, Key Trends and Opportunities to 2022

Benefits of Sandler Research

User License for Reports

Reach Us

Contact Us

Knowledge Store

Email Subscription

our Feed Reader

Payment Processing Solutions Market by Payment Method (Debit Card, Credit Card, eWallets, ACH), Deployment Type (On-premises, Cloud-based), Vertical (BFSI, Government and Utilities, Telecom and IT, Healthcare) and Region – Global Forecast to 2027

Goldman Sachs Wealth Management – Competitor Profile

Israel PESTLE Insights – A Macroeconomic Outlook Report

AXA – Enterprise Tech Ecosystem Series

Tenpay – Competitor Profile

Google Pay – Competitor Profile

Alipay – Competitor Profile

Hong Kong Retail Banking Market to 2025 – Analyzing Mortgage, Deposit, Lending Market Trends, and Digital & Alternative Channel Preferences

Guyana Insurance Industry – Key Trends and Opportunities to 2025

Iran Cards and Payments – Opportunities and Risks to 2025