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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.

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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%.

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Newsletter

Life insurance in Indonesia: August 2026

Profit before tax and OCI rose IDR 2.92 trillion to IDR 8.67 trillion in Q1 2026 versus Q1 2025, driven by lower expenses and reserves.

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Newsletter

Indonesia in focus: What’s new in non-life, March 2026

Our latest newsletter details market conditions, product launces, and premium growth, including the 4.8% YOY gains in Q4 2025.

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Insight

Milliman Asia e-alerts

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

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Annual report

Life insurance capital regimes in Asia, 8th edition

In our eighth edition of a report on capital regimes in Asia, we cover existing conditions and upcoming changes across the region.

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Asia E-Alert

RBC in Indonesia: Upcoming changes and comparison against capital regimes across Asia

Changes introduced under the new risk-based capital (RBC) framework could have implications for the product and investment landscape.

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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.

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Practice Leaders

Meet some of the experts leading Milliman Singapore

Richard Holloway headshot

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.
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Thought leadership from Milliman offices across Asia

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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.

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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.

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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.

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Careers at Milliman

Curiosity. Optimism. Impact.

Your vision can help change the world.

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