Market Profile - Cambodia, Laos, Myanmar, Vietnam

Weak currency shrinks motor insurance coverage in Laos

By Nadhir Mokhtar -

Source: Asia Insurance Review | Apr 2023

Many motorists in Laos do not buy motor insurance despite its being compulsory. For those that do, coverage is decreasing as the Laotian currency has been depreciating sharply over the past year amid an economic crisis in the country.

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Dec 2024

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Market Profile - Cambodia, Laos, Myanmar, Vietnam

Weak currency shrinks motor insurance coverage in Laos

Archived articles are available to Magazine subscribers only.

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