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IFRS 17

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Retirement Security

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Research Report

2023 embedded value results: Asia

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We’re driving the future with our analytics and modelling technologies

Economic Scenarios Generation

Milliman Economic Scenario Generator

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Financial Modeling Platform with Excel language

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Goals-based modelling

Goals-based Advice Platform

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Thought leadership from Milliman offices across Asia

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Insight

Insight from Milliman

Asia e-alert

Life in Indonesia: March 2025

This edition of Milliman’s Indonesia Life Insurance Newsletter covers market performance for the third quarter of 2024 and industry developments for the fourth quarter.

Asia e-alert

Hong Kong: Illustration rate cap for participating products

In early 2025, the Hong Kong Insurance Authority (HKIA) introduced a new regulatory requirement regarding benefit illustrations for par products.

Asia e-alert

Malaysia: Interim measures on medical and health insurance and Takaful (MHIT) products

We discuss medical inflation in Malaysia, the interim measures introduced by BNM, and implications to Malaysian insurance companies and Takaful operators.

Milliman Asia e-alerts

key consultants

Meet some of the key consultants in Hong Kong

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Clement Bonnet

Principal & Consulting Actuary
Clement Bonnet is one of the Principals in Milliman's Asia life consulting business, based in Hong Kong. He was previously a consultant for Milliman in Paris. Clement plays a prominent role in the development and delivery of consulting services across Asia.
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Michael Daly

Principal and Consulting Actuary
Michael Daly is a principal and consulting actuary in the life insurance consulting practice of Milliman. He is based in Hong Kong and leads that office. He joined the firm in 2010. He is a widely known and respected consultant. He has enjoyed successful careers as an insurance company senior executive, reinsurer, and consultant. Michael helps drive Milliman’s life consulting activities in Greater China and South East Asia, setting strategy and leading the delivery of consulting services to clients across the region.
Pang-Hsiang Chye headshot

Pang-Hsiang Chye

Principal, Consulting Actuary
Pang Chye is a principal and actuary with Milliman’s Hong Kong office. He joined the firm in 2002, after spending more than two and a half years with Milliman in New York, and six years with an actuarial and management consultancy in Southeast Asia.
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Cathy Hwang

Principal Special Admin Region
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.
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Mark Whatley

Consulting Actuary
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 organisations.
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