With a strategic focus on long-term investment, shareholders of Huione Insurance PLC have collectively decided to bolster the company's financial reserves by injecting up to $12 million in capital at the beginning of quarter 2, 2024. This significant move is intended to further strengthen Huione Insurance's financial position within the Cambodian market. The substantial increase in capital reflects the shareholders' unwavering confidence in Huione Insurance and signals a resounding vote of trust in Cambodia's general insurance landscape.

The Chief Executive Officer of Huione Insurance, Ms. Saly Soulevann expressed her confidence in the company's sustainable business growth strategy in reaction to this milestone development. She emphasized Huione Insurance's commitment to safeguarding the interests of Cambodian residents, aligning with the company mission and vision. "We are excited about the potential of the insurance market in Cambodia and we are optimistic about the company's future growth development," Ms. Soulevann says. Ms Saly Soulevann also express her highly appreciation to Insurance Regulator of Cambodia for continuously raising awareness of insurance and seriously implementing many key actions in strengthening and developing the insurance market and further to the sustainability of the insurance landscape​ in Cambodia.

Huione Insurance PLC provides a variety of insurance products tailored to meet the diverse needs of its clientele includes motor vehicles, personal accidents, healthcare, fire and property, banker blanket bonds, contractors' all risks, contractor’s bond, travelers' insurance, etc.

In addition to its robust product lineup, Huione Insurance boasts a dedicated team of claims surveyors available round-the-clock to expedite claims processing. Furthermore, strategic partnerships with leading medical clinics, garages, and EMA Global for evacuation/repatriation services and international claims administration ensure seamless support for policyholders across various scenarios.

For inquiries or to explore Huione Insurance’s solutions, please contact Huione Insurance team directly at 018 28 28 521 (Eng/Kh) 018 28 28 728 (Chinese), or visit Huione Insurance

website at https://www.huione-insurance.com.kh/.

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