Skip to main content

Welcome to Milliman Hong Kong

Featured Report

Global high-net-worth life insurance market: Sizing, structuring, and strategic opportunities

With global high-net-worth (HNW) life insurance at a structural inflection point, insurers with the right capabilities and focus can capitalise on the market’s long-term growth. Drawing on Milliman’s proprietary market knowledge, market data, and cross-jurisdictional product and regulatory expertise, this report examines the HNW market across six interconnected dimensions.

Read moreNavigation Arrow
Research Report

2025 embedded value results: Asia

For Asia's life insurers, embedded value increased by an average of 8% in 2025, while the value of new business rose 18%.

Read the reportNavigation Arrow

IFRS 17

Using a multidisciplinary approach to tackle the operational and strategic challenges of IFRS 17.

Learn moreNavigation Arrow

Retirement Security

Milliman consultants seek solutions that make retirement more secure while also managing the financial difficulties involved.

Learn moreNavigation Arrow
Insight

Milliman Asia e-alerts

Sign up to receive the latest research reports, papers and updates on regulations relevant to the region.

Subscribe
Report

The Milliman Fulfillment Ratio Index: Reporting year 2024

In Hong Kong, Milliman’s Fulfillment Ratio Index shows slightly lower levels for the top 10 insurers in 2024 reports, with modest improvement plausible for 2025.

Read the articleNavigation Arrow
White Paper

Health Regulations e-Alert

With health insurance reform in Indonesia, we assess the likely impact of a regulation by the Financial Services Authority (OJK) on insurance products.

Read the articleNavigation Arrow
Newsletter

Thailand in focus: What's new in non-life — March 2026

In Thailand’s non-life insurance market, total direct premiums increased by 2% in 2025, led by increases in areas such as motor, personal accident, and health.

Read the articleNavigation Arrow
key consultants

Meet some of the key consultants in Hong Kong

Clement Bonnet headshot

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.
View bioNavigation Arrow
Michael Daly headshot

Michael Daly

Principal & 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.
View bioNavigation Arrow
Pang-Hsiang Chye headshot

Pang-Hsiang Chye

Principal & Consulting Actuary
Pang Chye is a principal and consulting 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.
View bioNavigation Arrow
Cathy Hwang headshot

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.
View bioNavigation Arrow
Mark Whatley headshot

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.
View bioNavigation Arrow

Thought leadership from Milliman offices across Asia

Read the articlesNavigation Arrow
Featured Products

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

Economic Scenarios Generation

Milliman Economic Scenario Generator

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.

Learn moreNavigation Arrow
Financial Modeling Platform with Excel language

Milliman Mind

Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.

Learn moreNavigation Arrow
Goals-based modelling

Goals-based Advice Platform

The Goals-Based Advice Platform uses Milliman’s decades of actuarial expertise modelling risks for global insurance companies and applies it to retail investors.

Learn moreNavigation Arrow
Careers at Milliman

Curiosity. Optimism. Impact.

Your vision can help change the world.

Find your fitNavigation Arrow

We’re here to help

Ask the tough questions. We’re ready for them.