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Bangkok Life to start Cambodia ops in 2017

Bangkok LifeAssurance PCL will commence business in Cambodia in 2017, the Bangkok Post reported Sept. 23, citingKomkai Thusaranon, acting president of the company.

Komkai's comments came after Bangkok Life in August that its jointventure, Bangkok Life Assurance (Cambodia) PCL, received a license to operatein Cambodia. The Thai insurer owns a 52% stake in the joint venture.

The insurer will initially offer whole-life and savingsinsurance policies in Cambodia before offering a full range of services.