Welcome to Milliman Korea

2021 mid-year embedded value results: Asia

Most insurers in Asia have experienced steady growth in embedded value in the first half 2021.

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IFRS 17

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

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Booster-FMS

Booster-FMS is a GPU-accelerated software program that increases computational performance for actuarial modeling and insurance reserving. Booster-FMS contains patented technology that allows a user to translate and compile Microsoft Excel VBA codes to either CPU or GPU computational codes in a variety of environments.

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Featured Products

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

Reserving and IBNP reserve estimation
Reserving

Arius

Analyze unpaid claims liabilities with industry-leading stochastic and deterministic reserving tools and methods.

Solvency II reporting and compliance
Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

Research Report

Life insurance capital regimes in Asia

This report covers the capital regimes in 10 markets in Asia plus the 2018 International Capital Standard field test. The report seeks to provide a comparison of key quantitative and qualitative aspects of life insurance capital regimes in Asia and an analysis of key capital results based on information publicly available and other market sources.

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Insight

Insight from Milliman

Newsletter

Indonesia Life Insurance Newsletter: Fourth Quarter 2021

Life insurance in Indonesia: Our review of industry developments from the fourth quarter 2021.
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Article

The use of artificial intelligence and data analytics in life insurance

The emergence of data analytics and machine learning is providing insurers and reinsurers with new insights into how they drive and monitor their business.
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Asia e-alert

The Philippines: Key issues and challenges anticipated as life insurers implement IFRS 17

Insurers have the benefit of a later IFRS 17 adoption date than other countries, but face technical implementation challenges specific to the market.
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Key Consultants

Meet some of the key consultants in Korea

An Chihong

Chihong An

Senior Consultant, Managing Director of Milliman Seoul Office

Chi-Hong joined the Chicago office of Milliman in July 2000 as part of the firm's expansion plan of its Asian operations. He moved to Korea in April 2002 to lead the practice of Milliman Korea.

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