Forte Insurance (Cambodia) Plc has expanded its investment in Laos by acquiring the country's insurance company called Tokojaya Lao Assurance Co., Ltd.
Official share purchase of Tokojaya Lao Assurance by Forte Insurance took place recently at Vientiane capital of Laos under the presidency of Mr. Charles Cheo, Forte's CEO and Mr. Kong Hock Sian, Founder of Tokojaya.
The investment is not only the pride of Cambodia, but also contributes to boosting insurance sector in Laos, Mr. Charles Cheo underlined.
Forte Insurance (Cambodia) Plc is a leading insurance company operating in Cambodia since 1998.
The company now covered 46 percent of the insurance market in the country.
Source: Agency Kampuchea Press