Cambodia insurance premiums crawl 1% to $103m in Q1 2026

Underwriting gains reached $12.6m after expenses declined 8%.

Cambodia's insurance market recorded a total gross premium of $103.0m in the first quarter of 2026 (Q1 2026), marking a 1% year-on-year (YoY) increase from the $102.3m recorded during the same period in 2025.

Life insurance gross premiums slightly decreased by 0.05% YoY to $53.4m, down from $53.4m in Q1 2025, according to data from the Insurance Regulator of Cambodia showed. 

Conversely, general insurance premiums, which include micro-insurers, grew by 2% YoY to $49.6m.

Total net earned premiums fell by 1% YoY to $67.6m. 

Within this category, life insurance net earned premiums dropped 3% YoY to $50.0m, whilst general insurance rose 5% YoY to $17.6m.

Total gross claims incurred by the market saw a notable decline of 12% YoY, dropping to $19.6m.

Although life insurance claims increased by 3% YoY to $8.8m, general insurance claims fell significantly by 20% YoY to $10.8m.

The industry's financial performance showed solid improvements, with total underwriting gains rising by 30% YoY to $12.6m, compared to $9.7m in Q1 2025. 

This profitability was supported by an 8% reduction in net operational expenses, which dropped to $45.3m, alongside a 6% YoY increase in financial income, which reached $12.5m.