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IRC promotes insurance awareness in Battambang Province

The Insurance Regulator of Cambodia (IRC) organized a workshop on compulsory insurance in Battambang Province on October 17, to spread the awareness about insurance, especially compulsory insurance, as stated in the Insurance Law 2014. Addressing the event, IRC Director-General Bou Chanphirou said that Compulsory insurance has been in place since 2000 under the Insurance Law, which was amended in 2014. The Insurance Law stipulates all passenger vehicle owners and business vehicle owners to purchase liability insurance to meet any damages or losses to third parties, he said. (Source: Khmer Times)

Market Update

19th October 2022

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