Page 28 - AEC Digital Edition

ASEAN MARKET REPORTS

Cambodia

General Information

Land Area 176,515 sq km.
Climate Tropical; rainy, monsoon season (May to November); dry season (December to April); little seasonal
temperature variation.
Capital Phnom Penh.
Form of Government Multiparty democracy under a constitutional monarchy.
Chief of State King Norodom SIHAMONI.
Head of Government Prime Minister HUN SEN.
Population (July 2015 est) 15,708,756.
Population Growth Rate (2015 est) 1.58%.
Ethnic Composition Khmer 90%, Vietnamese 5%, Chinese 1%, other 4%.
Religious Affiliation (2008 est) Buddhist (official) 96.9%, Muslim 1.9%, Christian 0.4%, other 0.8%.
Birth rate (2015 est) per 1,000 population 23.83 births.
Death rate (2015 est) per 1,000 population 7.68 deaths.
Infant Mortality Rate (2015 est) per 1,000 live births 50.04 deaths.
Life Expectancy at Birth (2015 est) Male 61.69 years; Female 66.7 years.

Economy

Monetary Unit KHR1 (Riel) = 100 sen.
Exchange Rate (10 Sep 2015) US$1 = KHR4,096.18 (Riel).
GDP purchasing power parity (2014 est) US$49.96 billion.
GDP per capita (2014 est) US$3,300.

Insurance market structure

Number of registered insurers 2012 2013 Non-life insurance 2012 2013 2014
6 6 36 41 53
General insurers 3 3 (US$ mln & %)
Life insurers 1 1 Gross written premium 47.0% 39.0% NA
Professional reinsurers 2 2 Retention ratio 53.0% 35.0%
Micro insurers 1 1 Incurred loss ratio NA
Brokers 3 6 Total assets 92 98
Agents 16 19 97
Total

Gross written premiums (US$ mln)Non-life – Gross written premiums by class of business

60

50
40 Total
30 Motor

Fire
20 Marine

cargo
10

2008 2009 2010 2011 2012 2013 2014

26 AEC – IMPACT ON INSURANCE • DECEMBER 2015 Source: 2015 ASEAN Insurance Statistical Report

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