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Welcome to Milliman Hong Kong

Research Report

2022 embedded value results: Asia

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.

Retirement Security

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

Featured Products

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

Predictive analytics
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.

Software performance enhancement
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.

Goals based modeling
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.

Thought leadership from Milliman offices across Asia

Subscribe to Milliman Asia e-alerts to receive the latest research reports, papers and updates on regulations relevant to the region.

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 consultin...

Michael Daly headshot

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...

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 consultanc...

Cathy Hwang headshot

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.

Mark Whatley headshot

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 organisati...

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

We’re here to help

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

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