Phnom Penh, 31 August 2022 – Dai-ichi Life Insurance (Cambodia) Plc. and RHB Bank (Cambodia) Plc. announced their long term bancassurance partnership to provide life insurance protection and savings to Cambodians. Having been approved by the National Bank of Cambodia and the Ministry of Economy and Finance, this partnership will allow all RHB Bank customers to access free life insurance consultation and solutions provided by Dai-ichi Life Insurance Cambodia, a wholly-owned subsidiary of the Dai-ichi Life Group, a leading life insurance company from Japan.
Mr. Wong Kee Poh, Executive Director/Chief Executive Officer of RHB Bank (Cambodia) Plc. said: “Our collaboration with Dai-ichi Life Insurance Cambodia who has more than 120 years’ history in the Insurance business will further complement our efforts to offer a comprehensive suite of products and financial solutions that cater to different customer segments at different stages of needs in their life. At RHB Bank (Cambodia) Plc., we strive to be in the forefront in customer experience and will continue to provide innovative services and products that place our customers’ needs first. This collaboration between both parties will help them to meet long term financial solutions as we progress together.
Mr. Allen Thai, Chief Executive Officer of Dai-ichi Life Insurance Cambodia, said: “This partnership reflects our business growth in Cambodia and commitments to provide our life insurance products and saving to a larger group of Cambodians. We are delighted to partner with RHB Cambodia, one of the largest and fully integrated financial service groups in Cambodia. We strongly believe that this partnership will offer customers of RHB Bank (Cambodia) Plc. a financial peace-of-mind through long term life insurance protection and saving plan.
About Dai-ichi Life Insurance
Dai-ichi Life Insurance (Cambodia) PLC. (“Dai-ichi Life”) is a subsidiary of Dai-ichi Life Holdings, Inc. (“DLHD”) which is a leading life insurer in Japan with more than 120 years of history. DLHD is A+ rated by the S&P and is listed on the Tokyo Stock Exchange.
Since its establishment in 1902, DLHD has been committed to stand by the side of our customers and their loved ones, for life, and make concerted efforts to deliver “Peace-of-mind” under our philosophy of “Customer First”. We contribute to local communities by passing on peace-of-mind through providing life insurance and related services.
Dai-ichi Life Group has strong fundamentals, solid capital base with total assets of US$538 Billion and the Premium and other income of US$43 Billion. (as of March 31, 2022).
About RHB Bank Cambodia) Plc.
RHB Banking Group is among the top fully integrated financial services institution in Malaysia with more than 100 years of service excellence and significant presence in ASEAN countries. With more than 14,000 employees Group wide, RHB has strong market leadership in Malaysia and ASEAN across targeted products and segments.
RHB Bank (Cambodia) Plc. was established on 9th July 2008 and currently has 12 branches operating in Phnom Penh and the provinces. RHB banking group in Cambodia also offers investment banking services that cover capital market and brokerage, to complement the services of its commercial banking activities.