Members of Tilleke & Gibbins’ regional insurance practice, including Aaron Le Marquer, Pichrotanak Bunthan, and Sophea Sin, have contributed to the firm’s debut Cambodia chapter in Insurance and Reinsurance, published by Practical Law Company.
The guide provides a Q&A-style overview of insurance and reinsurance law in 38 jurisdictions worldwide, with the firm’s Cambodia chapter covering 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 Laos, Thailand, and Vietnam chapters of the guide.