Cambodia’s first micro-life insurance firm opens
Previor Kampuchea Micro-life Insurance Plc (PKMI), a subsidiary of Groupe PREVOIR (GP), officially became the first micro-life insurance company in Cambodia when it opened last Friday.
Keat Chhon, the minister of economy & finance, said the company’s offer is a milestone towards helping Cambodians in low-income, rural areas.
“PKMI will participate in reducing the poverty in Cambodia by offering and promoting products that insure access to health care for Cambodians with low-income,” he said, adding that the company has received the full support from his ministry.
“GP has looked at the potential Cambodian micro-insurance market for the last couple of years. We are the first and only licensed micro-insurer to open a new page in the Cambodian insurance industry,” said chairperson Cecile Gerard.
phnom penh post
> Banks grab customers with mobile services . (10/02/2012)
> Banks sign agreement with finance ministry (10/02/2012)
> Kingdom’s loans rise 33%, deposists 20% (10/02/2012)
> 5th Vietnam bank opens door (09/02/2012)
> Cambodia: ATMs rise on new banks, rural cardholders (09/02/2012)
> ACLEDA bank to develop cross border services in Mekong region (03/02/2012)
> Agriculture to see lending growth (26/01/2012)
> Foreign banks eye Kingdom’s prospects (19/01/2012)
> Bank to issue 63 billion kip in loans to Xekong farmers (19/01/2012)
> The pros and cons of credit-card ownership (18/01/2012)