Life insurance

By Thomas Bulpitt, Andrew Gilchrist, Andrew Kay  |  08 March 2018

This paper focuses on the approaches available under IFRS 17 for the derivation of the discount rates for use in the various calculations required by the Standard.

By Paul Sinnott, Michael Daly, Clement Bonnet, Sing Yee Yeoh, Scott Chow  |  07 March 2018

In this e-Alert, we analyse the First Quantitative Impact Study submissions results and provide commentary on them.

By Takanori Hoshino, Kurt Lambrechts, Sjoerd Brethouwer, William C. Hines  |  01 March 2018

While IFRS 17 provides little guidance about coverage units, insurers may be able to find quick but reasonable choices from current modeling philosophy or certain existing standards such as U.S. GAAP.

By Richard W. Holloway, Halim Gunawan, David Kong  |  20 February 2018

Developments in the Indonesian life insurance industry from 1 October 2017 to 31 December 2017.

By Henny Verheugen  |  22 January 2018

This article discusses the possible implications of each of the three approaches to transition to IFRS 17 and why insurers will need to choose their options carefully.

By Michael Daly, Clement Bonnet, Suthida Supantamart  |  10 January 2018

In this e-Alert, we compare the key changes between the proposed risk-based capital framework set out in the recent Office of Insurance Commission release and the initial framework.

28 December 2017

Automated underwriting and new data sources are making insurance possible for many people who would previously have found it too expensive – or even not available at all.

28 December 2017

Big Data can now provide you with the most likely scenario of how and when you will meet your end. So what will it mean for the future of risk management and lifestyle planning?

By Paul Sinnott, Michael Daly, Richard W. Holloway, Wing F. Wong, Shamit Gupta  |  01 December 2017

This report provides a summary of the mid-year 2017 embedded value results disclosed by Asian insurers.

By Michael Daly, Suthida Supantamart  |  12 September 2017

This e-Alert provides commentary on the introduction of new mortality tables, the differences in the new tables compared to the prior tables, and some implications for life insurers in Thailand.

By Paul Sinnott, Michael Daly, Richard W. Holloway, Wing F. Wong, Chihong An  |  02 August 2017

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

By William C. Hines, Cici Zhang  |  02 August 2017

Milliman’s survey measures the preparedness for International Financial Reporting Standard (IFRS) 17 among insurers.

By Neil Cantle  |  06 July 2017

This report sets out the methodology and results of Milliman’s research investigation into the use of advanced systems mining techniques to determine how lapse experience for long-term insurance business might change according to the prevailing dynamics within the business and due to uncontrollable external factors.

By Neil Cantle  |  21 June 2017

This report uses advanced machine learning algorithms, such as deep neural networks, to analyse social media conversations about Brexit.

By Alex Bryant, Richard W. Holloway, Paul Sinnott, Michael Daly, Wing F. Wong, Chihong An, Stephen H. Conwill, Farzana Ismail, David Kong, Philip Jackson  |  09 June 2017

This report provides a comprehensive overview of participating insurance products in the Asian markets looked at through three lenses: a regional view, a brief analysis by country and a detailed country report.

By Karthik Yadatore, Craig W. Reynolds, William C. Hines, Shamit Gupta, Zi Xiang Low  |  06 June 2017

This report discusses the impact of the Financial Accounting Standards Board’s proposed changes to GAAP accounting standards on long duration insurance contracts, specifically on earnings and equity for several illustrative product types and the industry’s preparedness to adopt the new guidance.

By Wade Matterson, Richard W. Holloway, Paul Sinnott, Michael Daly  |  05 May 2017

This report sets out perspectives and an analysis of the current and future state of the market for retirement income in Asia Pacific.

By Paul Sinnott, Michael Daly, Richard W. Holloway, Wing F. Wong  |  16 December 2016

This report provides a summary of the mid-year 2016 embedded value results disclosed by Asian insurers.

09 December 2016

The combined power of cloud computing and advanced data analytics is being harnessed to help insurers hone their modelling skills to better manage risk, cut costs and improve efficiencies.

By Philip Jackson, Richard W. Holloway, Sanket Kawatkar, Shamit Gupta  |  22 November 2016

The sudden reduction in interest rates in India can be expected to have an adverse impact on life insurance companies operating in the market.