An integral member of the Hong Kong based Asia Insurance Group of companies, and born out of the need to service our overseas client's local operations here, Asia Insurance (Cambodia) was formed and registered in Phnom Penh, on March 14, 1996.
By way of reference, the Hong Kong based Asia Insurance Group, is an association of now three indigenous Asian Insurance Companies, namely; Asia Insurance Co. Ltd. (Hong Kong), Bangkok Insurance Public Co. Ltd. (Thailand) and Central Asia Insurance (Indonesia).
All three constituent members, with associated companies & branches in China, Indonesia, Philippines, Taiwan, Thailand, and Vietnam, are well-established leading insurance groups in their respective countries of incorporation, strongly capitalised, soundly managed, having extensive business connections, and consistent record of development and profitability
To date, the shareholders of Asia Insurance (Cambodia) have testified to their long term commitment to the Cambodian Insurance market by paying up the required US$4'200'000 investment in capital for the insurance license, as required by the Insurance Law and it's Sub-decree, which requires a total paid-up capital of 60% of the registered capital of US$7,000,000.00.
As of March 2007, the shareholder's profile of Asia Insurance (Cambodia) is as follows
Asia Insurance Company Ltd., Hong Kong
Bangkok Insurance public Company Limited, Thailand
Central Asia Insurance, Indonesia
AIOI Insurance Company Limited, Japan
Mitsui Sumitomo Insurance Company Limited, Japan
Mr. Van Sou Ieng
With such strong financial support, Asia Insurance (Cambodia), is positive about it's future, while continuously striving to be a market leader in non-life Insurance through efficient professional service, and a close relationship with it's clients.