Cambodia insurance policies plunge 42% in April 2026

Gross premiums reached $27.0m in April 2026 after both life and general insurance declined 1%.

Cambodia’s insurance market in April 2026 marginally decreased by 1% year-on-year (YoY) to $27.0m in terms of gross premiums.

Both the life and general insurance sectors dipped 1% YoY to $16.2m and $10.8m, accordingly.

The number of insurance policies fell more sharply. A total of 99,645 policies were issued in April 2026, down 42% from 171,340 policies a year earlier. 

General insurance policies dropped by 64% to 23,970, whilst life insurance policies declined by 27% to 75,675.

Despite the fall in premiums and policies, the total sum insured rose by 10% to $9.05b, compared with $8.23b in April 2025. 

General insurance sum insured increased by 14% to $7.51b, whilst life insurance sum insured fell by 5% to $1.54b.

Gross claims incurred fell by 16% to $6.84m, from $8.19m a year earlier. Claims in general insurance dropped by 25% to $4.87m, whilst life insurance claims rose by 19% to $1.98m.

By product line, property insurance recorded the largest share of the general insurance market in April 2026 at 32.37%, followed by health insurance at 23.93%, vehicle insurance at 19.32%, and personal accident insurance at 10.19%. 

Other insurance products accounted for 8.30%, whilst engineering made up 4.12%, transportation 1.60%, agriculture 0.16%, and livestock 0.00%.

In premium terms, property insurance generated the highest amount amongst general insurance products at about $3.60m in April 2026, slightly higher than $3.56m in April 2025. 

Health insurance premiums stood at about $2.59m, down from $2.65m. Vehicle insurance premiums rose to about $2.09m, compared with $1.98m a year earlier. 

Personal accident insurance increased to about $1.10m, whilst other products rose to about $898,950.