Cambodia’s November gross premiums jump 11% YoY

However, number of policies for the general insurance market fell.

Cambodian insurers saw their gross premiums in November jump by 10.9% year-on-year (YoY) to $25.6m, data from the Insurance Regulator of Cambodia showed.

This was slightly higher than the previous month’s $24.9m.

The life industry surged by 12.5% YoY to $15.6m, whilst the number of policies more than quadrupled (365.9% YoY) to 289,650.

Similarly, its general insurance sector increased by 8.6% YoY to $10m. Meanwhile, the number of policies contracted 16.1% YoY to 20,309 during the period.