Face Of Insurance

 Cambodian National Insurance

Cambodian National Insurance

Cambodian National Insurance is a Kingdom of Cambodian personal non depository financial institution with twenty fifth of its shares closely-held by the Royal Government of Cambodia. it’s a subsidiary of Varyia BVB Insurance.

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CAMINCO was formally incorporated in 1990, turning into the primary nondepository financial institution in Cambodia. It began its operations in Gregorian calendar month 1993.

In 2000, the Insurance Law was passed and in 2001,

the Sub-decree Nº132 on Insurance came into force. As a result, CAMINCO restructured into a state-owned enterprise. CAMINCO was ready to meet the capital demand of USD seven Million, the nondepository financial institution to try to to therefore, and therefore the solely company to receive the 5-year license on General Insurance Services from the Ministry of Economy and Finance.

On Monday vi April 2009,

the Royal Government of Cambodia sold seventy fifth of its shares within the erstwhile state-owned CAMINCO insurance company for US$5.7 million. The Royal Government, however, retains a twenty fifth share within the company. The existence of the deal wasn’t wide identified. Cheam Yeap, the pinnacle of the National Assembly’s banking and commission and a Cambodian People’s Party MP, told the Phnom Penh Post that he knew nothing concerning it.

In 2000, the Insurance Law was passed and in 2001, the Sub-decree Nº132 on Insurance came into force. As a result, CAMINCO restructured into a state-owned enterprise. CAMINCO was ready to meet the capital demand of USD seven Million, the nondepository financial institution to try to to therefore, and therefore the solely company to receive the 5-year license on General Insurance Services from the Ministry of Economy and Finance.

Business partners


Swiss insurance Company
Mitsui Sumitomo nondepository financial institution
Tokio Marine Toa insurance Company
Korean insurance Company
S.A. Jean Verheyen
Malaysian insurance Berhad
BEST RE
General Insurance Corporation of India (GICI)
Asian insurance Corporation
Ho Chi Minh town nondepository financial institution (Bao Minh)
Professional underwriter

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