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IFRS 17
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Read the articlesInsight
Insight from Milliman
Report
Analysis of HKRBC: life insurance industry solvency ratio as of year-end 2024
In early 2025, the Insurance Authority of Hong Kong released draft proposals for the Insurance Public Disclosure Rules, including requirements for reporting risk-based capital results, and subsequently published its conclusions in August 2025.
Article
South East Asia in focus: What's new in health — October 2025
We highlight developments in the health insurance market in Southeast Asia through mid-2025, with market surveys and news for six countries and Hong Kong.
Report
Life insurance capital regimes in Asia, 7th edition
Comparative analysis and implications of change
Milliman Asia e-alerts
key consultants
Meet some of the key consultants in Sri Lanka
Philip Jackson
Principal and Consulting Actuary
Philip is a consultant in our life insurance practice, based in Mumbai. He supports our projects in India and the Asia-Pacific region. Philip is one of the key members of Milliman Asia IFRS 17 working group, working primarily on with-profits products and the variable fee approach.
Shamit Gupta
Principal and Consulting Actuary
Shamit is a Principal and Consulting Actuary in our life insurance consulting practice in India and is based in New Delhi. He joined the firm in 2010.
Richard Holloway
Managing Director, South East Asia & India Life
Richard is the managing director of Milliman's South East Asia and India life consulting businesses, based in Singapore. Richard is well known across the region, having been working as a consultant in the region since 1995. He joined the firm in 2010.
Mark Whatley
Consulting Actuary
Mark Whatley is a principal and consulting actuary in Milliman’s Singapore office. He joined Milliman in 2017 and has been based in Singapore for 19 years.
Mark provides independent and objective consulting advice on employee benefits to multinationals, local companies, government-linked organizations, and social security funds. His public sector experience includes projects in Indonesia, Malaysia, Brunei, and Singapore.
Cathy Hwang
Principal & Consulting Actuary
Cathy Hwang is a principal and consulting actuary in Milliman’s Hong Kong office, where she specializes in the Greater China property and casualty insurance markets. She joined the firm in 2003.
Lalit Baveja
Principal & Sr. Healthcare Management Consultant
Lalit Baveja is a senior health care management consultant at Milliman’s India office and leads the clinical team. He joined the firm in February 2007.
