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Insurers reported mixed embedded value (EV) results across Asia in 2022, increasing their investment return and discount rate assumptions, given higher bond yields.
Using a multidisciplinary approach to tackle the operational and strategic challenges of IFRS 17.
The Milliman Economic Scenario Generator is a cloud-native economic scenarios generator that provides advanced modelling capabilities for both risk-neutral and real-world applications. The Milliman Economic Scenario Generator delivers secured regulatory compliance as well as production efficiency through its reactive web interface and integration-ready API.
Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.
The Goals-Based Advice Platform uses Milliman’s decades of actuarial expertise modelling risks for global insurance companies and applies it to retail investors.
We detail the business for participating life insurance products across Asia, including eight major markets from a survey we conducted in 2Q 2023.
Singapore par funds had very negative investment returns in 2022, but the aggregate solvency ratio remained even thanks to shareholder capital from surplus accounts.
Profit before tax and OCI for Indonesian life insurers fell by IDR 1.51 trillion to IDR 1.94 trillion in Q1 2023 vs. Q1 2022, driven by lower net premium income.
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-p...
Pushpika Seneviratne is a consulting actuary in our life consulting practice in Sri Lanka and is based in Colombo. She joined the firm in March 2021.
Shamit Gupta is a consulting actuary with Milliman’s life insurance consulting practice in India and is based in New Delhi. He joined the firm in 2010.
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 t...
Mark is a consulting actuary in Milliman's Singapore office. He joined Milliman in 2017.
Mark provides independent and objective consulting advice on employee benefits to multinationals, local companies and government-linked organisati...
Cathy is a 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 is a senior health care management consultant at Milliman’s India office and leads the clinical team. He joined the firm in February 2007.
As a consultant, Milanthi Sarukkali has been involved in a variety of projects, including:
US GAAP reporting including variable annuities
Statutory reporting including cash flow testing
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