Etiqa gets go-ahead to expand into Cambodia

Group CEO of Etiqa Insurance & Takaful, Kamaludin Ahmad said “Etiqa’s aspiration of expanding into Cambodia, which we have nurtured over the past few years, has now been realised."

KUALA LUMPUR: Etiqa Insurance & Takaful has been given the go-ahead by Cambodia’s Ministry of Economy and Finance (MEF) to expand its footprint and tap into a very unserved market.

The insurer said on Thursday the MEF granted Etiqa General Insurance (Cambodia) Plc. and Etiqa Life Insurance (Cambodia) Plc. licences to operate their respective insurance businesses.