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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January 23, 2020

Legal 500 Asia Pacific 2020: Tier 1 Rankings for IP, Labor, and TMT in Vietnam for Tilleke & Gibbins

In the latest edition of The Legal 500 Asia Pacific , Tilleke & Gibbins earned Tier 1 rankings in Vietnam in three key practice areas: Intellectual Property, Labor and...

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January 23, 2020

Top-Tier Ranking for Tilleke & Gibbins’ Laos Office in Legal 500 Asia Pacific 2020

Tilleke & Gibbins was one of just three corporate law firms ranked in Tier 1 for Laos in The Legal 500 Asia Pacific 2020 . This is the third consecutive year the firm has held...

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January 23, 2020

Legal 500 Names Tilleke & Gibbins Among Cambodia’s Best Firms in Asia Pacific 2020 Survey

For the third year in a row, The Legal 500 Asia Pacific  has placed Tilleke & Gibbins among the best law firms in Cambodia in its 2020 rankings. Listing the firm in...

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January 22, 2020

IFLR Asia-Pacific Awards 2020: Tilleke & Gibbins Nominated for Two Legal Innovation Awards

Following the release of the shortlists for the International Financial Law Review  (IFLR ) Asia-Pacific Awards 2020, Tilleke & Gibbins is proud to announce that...

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January 7, 2020

Tilleke & Gibbins Shortlisted for Two Chambers Diversity & Inclusion Awards: Asia Pacific 2020

Tilleke & Gibbins has received two award nominations in the recently announced shortlist for the Chambers Diversity & Inclusion Awards: Asia Pacific 2020. This is the...

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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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