ResearchMoz.us include new market research report " The Insurance Industry in Cambodia to 2018: Global Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
The Insurance Industry in Cambodia, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Cambodian insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes detailed information on the competitive landscape in the country.
View report details with TOC at: http://www.researchmoz.us/the-insurance-industry-in-cambodia-key-trends-and-opportunities-to-2018-report.html
Scope:-
This report provides a comprehensive analysis of the insurance industry in Cambodia:
- It provides historical values for the Cambodian insurance industry for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.
- It offers a detailed analysis of the key segments in the Cambodian insurance industry, along with market forecasts until 2018.
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
- It profiles the top insurance companies in Cambodia and outlines the key regulations affecting them.
Key highlights:-
- The Cambodian insurance industry recorded a written premium of US$XX.X million in 2013, up by XX.X% over 2012.
- Growth in the industry was supported by rising demand for fire and motor insurance, rising per capita income, expanding GDP and a large young population.
- Prior to 2012, there were no life companies operating in the industry. However, in 2012, the government introduced Cambodian Life Insurance Company, a joint venture between the Ministry of Economy and Finance and four insurers: PT Asuransi, Asia Insurance, Bangkok Life Assurance, and Bangkok Insurance Public.
- With economic growth and a rising middle-class population, life insurers are increasingly taking an interest in Cambodia.
- High exposure to natural disasters is a major challenge for insurers operating in Cambodia, and the country is one of the most vulnerable to flooding in Southeast Asia.
- Increased consumer awareness of insurance products, the country’s expanding economy and projected infrastructure development are expected to support the insurance industry’s growth over the forecast period.
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