Insurance

Tilleke & Gibbins offers a leading regional practice in insurance and reinsurance law across Southeast Asia. Our team is unique in being led by local and international practitioners with substantial insurance industry experience and credentials. Through our regular representation of many of the world's largest insurers and reinsurers, our achievements in this area have been recognized by Chambers Asia-Pacific, which ranks Tilleke & Gibbins as a leading insurance practice in Thailand, and by AsiaLaw Profiles, which ranks our firm’s insurance practice as “outstanding.” Our insurance services include:

Contentious Non-contentious
• Property, casualty, and financial lines coverage disputes
• Reinsurance litigation and arbitration
• Professional indemnity and D&O defense
• Employer, public, product, and environmental liability
• Aviation, marine, construction, and energy disputes
• Subrogated recoveries
• Mergers, acquisitions, and corporate restructurings
• Online distribution, bancassurance, and broking activities
• Market entry and regional operations
• Regulatory compliance
• Policy wording advice and localization
• Underwriting risk assessment

Our cross-disciplinary team includes local lawyers with an intimate knowledge of domestic laws and procedures, and international practitioners with experience working within global insurance companies in Asia and Europe. Our regional team is led by Athistha (Nop) Chitranukroh, a partner based in our Bangkok office. Prior to joining Tilleke & Gibbins, Athistha was General Counsel at AIG Thailand, and prior to that was a Regional Counsel at AIG Asia Pacific, based in Singapore.

Our recent achievements include:

  • Defending a multinational insurer in a coverage dispute arising from a Securities and Exchange Commission investigation of a listed mutual fund and subsequent allegations of liability.

  • Representing international reinsurers in a USD 6 million reinsurance arbitration brought by a local Thai cedant in respect of outstanding losses from the 2011 floods in Thailand.

  • Advising a German insurer on aspects of Thai law related to an automotive product liability claim brought against an insured manufacturer in Germany.

  • Representing international reinsurers in respect of USD 150 million coverage litigation arising out of property damage incurred during the 2010 Bangkok civil unrest.

  • Appointed by a Japanese insurer to defend against product liability claims for allegedly defective airbags brought against its insured in Thailand.

  • Acted for numerous insurers and reinsurers in the defense and settlement of property damage and business interruption claims, valued at over USD 700 million, arising from the 2011 floods in Thailand.

  • Represented international reinsurers in respect of the defense and settlement of a USD 184 million coverage dispute arising from an offshore gas pipeline incident.

  • Defended a global insurance broker against allegations of professional negligence in failing to procure adequate insurance coverage for the operations of a large Thai manufacturing conglomerate.

  • Advised a global specialty insurer on the defense and settlement of medical device and clinical trial liability claims.

  • Advised a number of international brokers on establishment, JV arrangements, and licensing of operations in Cambodia, Myanmar, Thailand, and Vietnam.

  • Assisted a multinational American-based insurance corporation on its organizational restructuring and asset acquisition project, valued at THB 3 billion, in Thailand.

  • Advised the Thai subsidiary of a global broker on partnership structures with local and overseas business partners and its insurance-related advisory services in a number of Southeast Asian countries. Provided insurance regulatory advice on the client's commercial arrangements for credit facility business transactions with entities in Myanmar and Singapore.

  • Assisted a British insurance broker in setting up its online insurance products website aggregator in Thailand, including advising on business arrangement structures with the top ten leading motor insurers in the Thai market.

  • Advised a Japanese-based insurance company on the rollout of their new insurance products through both online and traditional distribution channels. Provided legal analysis for end-to-end distribution transactions, as well as associated insurance regulations, electronic transaction laws, online business operator laws, computer crime laws, and anti-money laundering regulations.

  • Advised client on structuring a partnership with one of the biggest e-commerce companies in the Southeast Asian region for exclusive distribution of extended -warranty products for online customers in Thailand.

  • Advised one of the largest property and casualty insurers on a facultative reinsurance placement for a USD 870 million hydroelectric energy project involving parties from Thailand and Laos.

  • Assisted an international insurer on data privacy and outsourcing regulatory requirements to establish a regional data center in Southeast Asia.

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May 20, 2020

Chaiwat Keratisuthisathorn Joins Webinar to Discuss D&O Liability during COVID-19

Chaiwat Keratisuthisathorn

On May 21, Chaiwat Keratisuthisathorn, counsel in Tilleke & Gibbins’ corporate and commercial group, will join a webinar entitled “...

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April 24, 2020

Saithong Rattana to Discuss Legal Landscape in Laos during CALCC COVID-19 Webinar

Saithong Rattana

On April 28, Saithong Rattana, attorney-at-law in Tilleke & Gibbins’ Vientiane office, will join a webinar hosted...

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April 16, 2020

Tilleke & Gibbins Nominated for Visionary Client Service Award

In-House Community, the well-respected publishing house behind Asian-Mena Counsel  magazine, has announced the shotlist for its 2020 Visionary Client Service Providers awards, naming...

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April 13, 2020

Tilleke & Gibbins Named ALB Employer of Choice 2020 in Thailand and Vietnam

Tilleke & Gibbins has once again been named as an “Employer of Choice” in Thailand and Vietnam in this year’s listings from Asian Legal Business  (ALB). This now marks...

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April 3, 2020

Nwe Oo and Ross Taylor Interviewed by Asia Insurance Review

Nwe Oo, Ross Taylor

Two senior members of Tilleke & Gibbins’ Yangon office were recently interviewed about the legal and regulatory aspects of conducting reinsurance business in Myanmar by the Asia Insurance...

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December 2, 2020

Practical Law Insurance and Reinsurance Global Guide: 2020 Cambodia Update

Jay Cohen, Nitikar Nith, Sochanmalisphoung Vannavuth

The latest update to the Cambodia chapter of Thomson Reuters’ Practical Law guide to insurance and reinsurance has been published, written by legal practitioners from Tilleke & Gibbins’ Phnom...

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October 30, 2020

Practical Law Insurance and Reinsurance Q&A Guide: 2020 Myanmar Update

Yuwadee Thean-ngarm, Ross Taylor, Nwe Oo

The latest update to the Myanmar chapter of Thomson Reuters’ Practical Law guide to insurance and reinsurance has been published, written by legal practitioners from Tilleke & Gibbins’ Yangon...

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September 3, 2020

Thailand Introduces Stringent Requirements for Distribution of Insurance Products

Athistha (Nop) Chitranukroh, Sappaya Surakitjakorn, Thammapas Chanpanich

On July 31, 2020, Thailand’s Office of Insurance Commission (OIC) imposed a host of new measures aimed at regulating the issuance of insurance policies and the conduct and duties of insurance...

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June 17, 2020

COVID-19 and Insurance Coverage: Recent Developments and Issues to Consider

Sappaya Surakitjakorn, Noppramart Thammateeradaycho, Eric M. Meyer

The COVID-19 crisis has posed questions for the insurance industry on a vast scale. From individuals who have actually contracted the virus, to those rendered unemployed by the economic crisis, to...

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May 25, 2020

Amended Law on Insurance in Laos

Saithong Rattana, Sappaya Surakitjakorn, Dino Santaniello

The newly amended Law on Insurance was published in the Electronic Official Gazette on March 30, 2020, and has been in effect since April 15. Existing insurers are allowed...

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