Welcome to Milliman Malaysia

2019 embedded value results: Asia

This report compares and contrasts the various different approaches taken to embedded value reporting across Asian markets and insurers.

Personal auto insurance: In the time of COVID-19, being a compassionate insurer is a good financial strategy

The personal auto insurance market has taken a unique response to the COVID-19 pandemic and how it has chosen to reflect the impact of the short-term change in driver behavior.


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

Milliman’s first Microinsurance Supply-side Study of Asia

Highlighting insurer perspectives of the microinsurance market and challenges faced by providers in Bangladesh, China, India, Indonesia and the Philippines.

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
Predictive analytics

Milliman CHESS (Cloud Hosted Economic Scenario Simulator)

CHESS helps insurers compute regulatory calculations. Useful for asset liability management studies, product pricing and strategic allocation.

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 Malaysia

Ismail Farzana

Farzana Ismail

Principal and Consulting Actuary

Farzana Ismail heads the Life Insurance and Family Takaful consulting practice in Kuala Lumpur, Malaysia. Farzana has over 15 years of experience in the life insurance and family Takaful industry. She was previously a partner in Actuar...

Richard Holloway

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 t...

Lee Wen Yee

Wen Yee Lee

Principal, Consulting Actuary

Wen Yee is a Consulting Actuary based in Milliman’s Singapore office. She has worked as a consultant in the region since 1998 and joined the firm in 2010.

Xiao Wei Chin

Head of General Insurance Consulting Malaysia

Xiao Wei joined Milliman as the Head of General Insurance Consulting in the Kuala Lumpur office. She specializes in Property & Casualty insurance, working on consulting projects in Southeast Asia. She joined the firm in 2018 after ...

Chow Lin Fong

Chye Pang-Hsiang

Pang-Hsiang Chye

Principal, Consulting Actuary

Pang 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 Southea...

Whatley Mark

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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