Practical Law Insurance and Reinsurance Global Guide 2018 – Vietnam

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Practical Law

February 20, 2018

Insurance and Reinsurance, published by Practical Law Company, provides a Q&A-style overview of insurance and reinsurance law in 38 jurisdictions worldwide.

Vinh Quoc Nguyen, a member of Tilleke & Gibbins' regional insurance practice, wrote the Vietnam chapter of the guide, which covers market trends; regulatory framework and relevant legislation, such as the Insurance Law; regulation of insurance and reinsurance contracts; corporate structure insurers and reinsurers can take; regulation of insurers and reinsurers; operating restrictions; restrictions on ownership or control; ongoing requirements for authorized or licensed entities; penalties for non-compliance; restrictions on marketing and sales; reinsurance monitoring and disclosure requirements; insurance and reinsurance policies; implied terms; customer protections; policies and claims, including time limits and enforcement; insolvency of insurers and reinsurers; taxation of insurers and reinsurers; dispute resolution; and reform.

Practical Law Company is a legal publishing company that provides legal know-how for business lawyers. Tilleke & Gibbins also contributed the Cambodia, Laos, and Thailand chapters of the guide.