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

October 17, 2016

Video: A.M. BestTV Interviews Athistha (Nop) Chitranukroh on Regulatory Trends in the Insurance Industry

Subscribe to Updates
A.M. BestTV

During the 28th East Asian Insurance Congress in Macau, Athistha (Nop) Chitranukroh, of counsel at Tilleke & Gibbins, joined Diane Dorahy of A.M. BestTV for a discussion of the current state of the insurance industry in Thailand. Looking ahead to potential regulatory changes over the next five years, Athistha predicts key changes in three areas:

  • Introduction of e-insurance and online insurance sales
  • Deregulation of product filing and clarifications on ratings
  • Liberalization of foreign direct investment

Addressing the move to e-insurance, Athistha said, “after this regulation is put in place—perhaps in the next 12 months—it will transform the distribution channels of the insurance industry completely.” New market entrants, such as mobile applications, “could change the customer behavior in terms of buying insurance, so we will see the impact on the traditional insurance intermediaries, like brokers or agents,” in Athistha’s view.

A.M. Best provides ratings, financial data, and news on the financial stability of insurers and the insurance industry. To access the full video interview, please visit the A.M. BestTV website.

RELATED PROFESSIONAL

Industries

Insurance

Location

RELATED INSIGHTS​ 

December 12, 2017
On December 13, Athistha (Nop) Chitranukroh, of counsel in Tilleke & Gibbins’ corporate and commercial group and head of the firm’s non-contentious insurance practice, will join a panel discussion on “Cyber and Network Security Insurance” at a Cyber Risk Seminar organized by the Thai General Insurance Association (TGIA).
Read More
October 12, 2017
Aaron Le Marquer, a partner in Tilleke & Gibbins’ dispute resolution group who leads the firm’s regional contentious insurance practice, has been invited to join the International Insurance Law Association/Association Internationale de Droit des Assurances (AIDA) Working Party Sessions at the 2017 Asia Pacific Insurance Conference, organized by AIDA in collaboration with other leading insurance associations.
Read More
October 10, 2017
Tilleke & Gibbins has been nominated for awards in five categories in Euromoney Legal Media Group’s Asia Women in Business Law Awards 2017. The awards celebrate the advancement of women in the legal profession throughout the region. The winners will be announced at an awards ceremony at the JW Marriott in Hong Kong on November 9.This year, Tilleke & Gibbins has been nominated for awards in the following four firm-wide categories:
Read More