Angkor General Insurance and Cambodia Re Sign Strategic Reinsurance Partnership to Strengthen Cambodia Insurance Market
PHNOM PENH, CAMBODIA – May 27 2026 — Angkor General Insurance Plc. (AGI) and the Cambodian Reinsurance Company (Cambodia Re) have officially signed a comprehensive Reinsurance Treaty. This milestone partnership is designed to expand underwriting capacity, manage local market risks, and support the growth of the Cambodian insurance sector in line with national financial development goals.
The treaty was signed at a high-level ceremony in Phnom Penh, bringing together key executives, strategic partners, and technical experts from both organizations to mark a new era of risk-sharing and market stabilization.
A Partnership Built on Trust and National Growth
As Cambodia's national reinsurer, Cambodia Re plays a critical role in mitigating domestic capital outflow and strengthening local risk-management capacity. By entering into this Reinsurance Treaty, Angkor General Insurance will leverage Cambodia Re’s local expertise and financial strength to back its diversifying portfolio, which increasingly features advanced coverages for retail, commercial, and premium emerging markets.
Key Strategic Objectives of the Treaty:
Enhanced Underwriting Capacity: The treaty equips AGI to secure larger, more complex commercial and property risks within Cambodia with local backing.
Capital Retention & Market Stability: In line with the guidelines of the Ministry of Economy and Finance (MEF) and the Insurance Regulator of Cambodia (IRC), this collaboration helps retain premium capital within the domestic economy.
Knowledge & Technical Exchange: Both organizations will collaborate on product development and risk-assessment frameworks to elevate industry underwriting standards.
Expansion of Specialized Solutions: The partnership provides a robust safety net for technical sectors, allowing AGI to expand its specialized consumer offerings with confidence.
Leadership Perspectives
"This treaty represents a critical alignment of strategic vision," said Mr. Zhang Yuan Zhao, Chief Strategy Officer of Angkor General Insurance. “Partnering with Cambodia Re allows us to significantly bolster our financial capacity and leverage deep domestic risk expertise. Together, we are building a more dependable, resilient, and forward-looking protection network that benefits Cambodian businesses and households alike.”
Mr. Huy Vatharo, Chief Executive Officer of Cambodia Re, added: "Our mission has always been to foster a healthy, cooperative ecosystem that supports the sustainable expansion of the Cambodian insurance market. Through this treaty with a dynamic partner like Angkor General Insurance, we reinforce our commitment to enhancing the domestic market’s overall capacity and reducing reliance on international capital outflows."
About Angkor General Insurance Plc.
Angkor General Insurance Plc. is a rapidly emerging general insurer in the Kingdom of Cambodia. Committed to providing reliable, customer-centric, and transparent financial protection, AGI offers tailored insurance solutions—including Motor, Property, and Fire insurance—to secure the assets and futures of Cambodian communities.
About Cambodian Reinsurance Company (Cambodia Re)
Established in 2002 under the guardianship of the Ministry of Economy and Finance, Cambodian Reinsurance Company ("Cambodia Re") operates as Cambodia's national reinsurer. Delivering professional reinsurance services across both general and life classes, Cambodia Re is dedicated to preserving national financial security, developing local talent, and driving economic resilience.
Media Contact:
Corporate Communications & Public Relations Department
Angkor General Insurance Plc.
Phnom Penh, Cambodia