Insurance Premiums in Cambodia: Over $100 Million in Q1 2026

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Updated 2026-05-21 5 min

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In short

> $100M

Gross Premiums Q1 2026

Stable

Annual Change

-12%

Drop in Claims Paid

Phnom Penh Post

Source

Gross premiums > $100M. In the first quarter of 2026, gross insurance premiums in Cambodia exceeded $100 million, stable compared to the previous year.
Claims paid down 12%. Compensation paid to policyholders decreased by 12% year-on-year, reflecting controlled claims experience.
Stable market. This stability is a sign of sector maturity, reassuring for policyholders.
Official data. Figures come from the Insurance Regulator of Cambodia, reported by the Phnom Penh Post on May 21, 2026.
Impact for expats. A stable market and declining claims can translate into competitive premiums for expatriates.

The Cambodian insurance market continues to develop. Here are the recent key milestones.

2024: Sustained premium growth, market surpasses $400M annually.
2025: Slight increase in claims due to weather events.
Early 2026: Insurers adjust underwriting and risk management policies.
Q1 2026: Gross premiums exceed $100M, stable vs Q1 2025.
May 21, 2026: Data published by the regulator, picked up by the Phnom Penh Post.
Outlook: Analysts expect continued stability, with possible rate reductions for good risks.

The Cambodian insurance market is divided into several segments. Here are the main ones.

Segment	Estimated Market Share	Details
Life insurance	~40%	Growing, driven by demand from middle classes and expatriates.
Non-life (auto)	~30%	Most mature segment, stable premiums.
Non-life (health)	~15%	Sought after by expats, expanding offerings.
Non-life (fire, accidents)	~10%	Tied to real estate and corporate sectors.
Other (travel, etc.)	~5%	Niche market, but rising with tourism.

Potentially stable or lower premiums. The drop in claims may encourage insurers to offer competitive rates for expatriates.
Greater confidence in the local market. A stable market reassures expats who were hesitant to buy local rather than international insurance.
More attractive health offers. The health segment, popular with expats, benefits from overall stability.
Easier comparison. With clear data, expats can better compare offers.
Less risk of sudden hikes. Controlled claims experience limits unexpected premium increases.

Compare multiple insurers. Don't limit yourself to one offer; use online comparators or consult a broker.
Check health coverage. Ensure overseas treatment and medical evacuation are included.
Read the exclusions. Insurance policies in Cambodia may exclude certain sports or activities.
Choose licensed insurers. Verify the company is registered with the Cambodian regulator.
Keep your documents. Keep a digital and paper copy of your contract and emergency contacts.
Report claims promptly. In case of accident or illness, inform your insurer within the required timeframe.
Update your policy. If your situation changes (visa, residence), inform your insurer to avoid denial of coverage.

Are insurance premiums in Cambodia stable?

Yes, in the first quarter of 2026, gross premiums exceeded $100 million, stable compared to the previous year.

Why have claims paid decreased?

The 12% drop in claims paid reflects controlled claims experience, due to better risk management by insurers.

What types of insurance are available for expats?

Expats can take out health, auto, home, travel, and life insurance. The health segment is particularly suitable.

Should I buy local or international insurance?

Both options exist. Local insurance is often cheaper, but check coverage and benefits. International insurance offers more flexibility.

Where can I find reliable information on insurers?

Check the website of the Insurance Regulator of Cambodia (IRC) or ask a local broker for advice.

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Siem Reap Hub

The community guide for expats and travelers in Siem Reap, Cambodia