Forte Insurance’s profit nearly triples in FY 2025
The insurer also generated $64.4m in gross written premiums.
Forte Insurance (Cambodia) Plc.’s net profit reached $6.0m in fiscal year 2025 (FY 2025), a 160.9% surge from the $2.3m reported the previous year.
The insurer also generated $64.4m in gross written premiums. Net written premiums rose by 8% to $34.8m, up from $32.3m in 2024.
The company, which has held the largest share of Cambodia's general insurance market since 2003, currently accounts for an estimated 43% of that sector.
Meanwhile, Forte Life Assurance (Cambodia) Plc. achieved its first net profit since it was established in 2018.
The life insurance arm saw its net written premiums grow to $5.0m, compared to $3.7m in the prior year.