Etiqa gets go-ahead to expand into Cambodia

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.

The businesses are led by Nazri Wong Abdullah and Clarence Lit as the respective chief executive officers.

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