Logo of Phnom Penh Post newspaper Phnom Penh Post - Acleda, Forte deal to boost insurance sector

Acleda, Forte deal to boost insurance sector

Acleda, Forte deal to boost insurance sector

ACLEDA Bank Plc and Forte Insurance (Cambodia) Plc have signed a memorandum of understanding (MoU) to expand general insurance and micro-insurance options for the Kingdom’s consumers, a press release said on Friday.

The MoU will create a framework to pro-mote the industry across Cambodia by using Acleda’s 258 branches.

Forte Insurance was the first insurance company established in Cambodia in 1999. It has grown to be the largest provider in the country.


  • Serious flooding across country

    The Kampong Speu provincial Committee for Disaster Management on Wednesday issued an alert after non-stop heavy rain caused widespread flooding. In Koh Kong province, authorities are working with the disaster committee and the Cambodian Red Cross to assist those affected after more than 350 homes were

  • CNRP points to King in call for vote boycott

    Leaders of the former Cambodia National Rescue Party (CNRP) have taken a new tack in their call for a boycott of the national elections later this month. They are now claiming that the people should follow the King, who is expected to abide by tradition

  • Malaysian MP calls on his government to take stand on Cambodian elections

    A Malaysian parliamentarian raised concerns in his country on Wednesday about Cambodia’s July 29 national elections and urged his government to clarify its position on the subject, the Asean Parliamentarians for Human Rights (APHR) said on Thursday. Wong Chen, a member of the People’s

  • Troop moves ‘won’t worry people’

    Senior officials at the Ministry of Defence and National Police said on Tuesday that riot training provided to the country’s police forces were aimed at preventing unexpected demonstrations and strikes before and after the July 29 national elections. The troop mobilisation, they said, would not