The eighth edition of Getting the Deal Through – Insurance & Reinsurance, a Q&A-style guide to insurance and reinsurance law in 23 jurisdictions around the world, has been published by Law Business Research. Aaron Le Marquer, consultant, and Ittirote Klinboon, attorney-at-law, in Tilleke & Gibbins’ insurance group, coauthored the Thailand chapter of the guide.
The Thailand chapter provides an overview of formation and licensing, capital and surplus requirements, reserves, product regulation, change of control, acquisition financing, foreign investment, insolvent and financially troubled companies, reinsurance agreements, ceded reinsurance, retention of risk, collateral requirements, claim priority, intermediaries, third-party actions, late notice and wrongful denial of claims, indemnity policies, punitive damages, self-insurance default, dispute resolution, extracontractual obligations, and trends in the market, among many other subjects.
Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through: Insurance & Reinsurance 2015 (published in June 2015; contributing editors: William D Torchiana, Mark F Rosenberg and Marion Leydier, Sullivan & Cromwell LLP). For further information please visit www.gettingthedealthrough.com.