You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

July 8, 2015

PLC Insurance and Reinsurance Multi-Jurisdictional Guide 2015/16 – Vietnam Chapter

Practical Law Company

Practical Law Company has published the latest edition of its multi-jurisdictional guide to Insurance and Reinsurance, a country-specific Q&A guide that provides overviews of insurance and reinsurance law and practice in 28 jurisdictions around the world. Vinh Quoc Nguyen, senior attorney-at-law, and Jim Dao, registered foreign attorney, at Tilleke & Gibbins, coauthored the Vietnam chapter of the guide. The chapter covers market trends and regulatory framework, regulation of insurance and reinsurance contracts, corporate structure, regulation of insurers and reinsurers, operating restrictions, reinsurance monitoring and disclosure requirements, insurance and reinsurance policies, insurance and reinsurance policy claims, insolvency of insurance and reinsurance providers, taxation, dispute resolution, upcoming reforms, and trade organizations.

RELATED INSIGHTS​ 

April 4, 2017
Thailand’s Office of Insurance Commission (OIC) has issued new notifications concerning the criteria, procedures, and conditions for (1) offering insurance policies for sale through electronic channels, (2) using electronic means as part of the sale of policies, (3) issuing policies through electronic channels, and (4) paying compensation for claims through electronic channels (Notifications). The Notifications will come into effect on August 26, 2017 (180 days after publication in the Government Gazette).
February 22, 2017
The long-term growth forecast for Thailand’s insurance industry is quite positive, with increasing income, an ageing population, low market penetration rates, increased market liberalization in the ASEAN Economic Community (AEC), and supportive regulatory framework all expected to contribute to double-digit growth for the industry over the next few years.
February 6, 2017
Attorneys from Tilleke & Gibbins have written the Vietnam chapter of Practical Law Company’s Doing Business in … Global Guide, an essential handbook for businesses looking to expand their operations abroad. The guide provides a practical overview of the legal system in more than 50 jurisdictions worldwide, with the Vietnam chapter including the following main subjects:
January 24, 2017
The 2017 edition of Doing Business In…, a Q&A-style guide published by Practical Law Company in collaboration with Lex Mundi, presents an overview of recent legal developments affecting doing business in 51 jurisdictions worldwide. The Thailand chapter of the guide was written by attorneys from Tilleke & Gibbins and presents an overview of Thailand’s legal system and key laws applicable to foreign companies doing business in the Kingdom. The chapter specifically covers the following main topics: