- IRDAI non-linked and linked product regulations
By Heerak Basu, Philip Jackson, Sanket Kawatkar, Richard W. Holloway | 22 July 2019
This e-Alert highlights the key changes in regulations regarding non-linked and linked insurance products from 2013 to 2019 and discusses the business implications for insurers.
- Life insurance capital regimes in Asia
By Clement Bonnet, Brian Colgan, Farzana Ismail, Michael Daly, Sharon Huang, Philip Jackson, Joseph Kim, Atsushi Okawa, Wing F. Wong, Wen Yee Lee | 09 July 2019
This report covers the capital regimes in 10 markets in Asia plus the 2018 International Capital Standard field test.
- Universal life and indexed universal life issues, 2018/2019 survey
By Carl A. Friedrich, Susan J. Saip | 09 July 2019
Twelfth annual survey addressing UL and IUL life insurance market issues.
- Liquidity risk management: An area of increased focus for insurers
By Claire Booth, Paul Fulcher, Fred Vosvenieks, Russell Ward | 03 July 2019
This paper provides some context for a discussion of insurer liquidity risk, exploring sources of that risk and providing some examples of where it has challenged insurers in the past.
- Critical Point Episode 15: Key takeaways for insurers managing the US GAAP Targeted improvements
By William C. Hines, François Dauphin | 01 July 2019
Insurance companies that issue long-duration contracts (LDTI) can expect volatility, increased data and disclosure requirements, and the potential for a new market for reinsurers thanks to recent accounting changes, according to Milliman’s William Hines and Francois Dauphin. In the latest episode of Critical Point, Milliman’s life insurance actuaries discuss key takeaways from the Financial Accounting Standards Board (FASB) Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI), which will require significant risk management and has a go-live date of January 2021.
- Indonesia Life Insurance Newsletter, May 2019
By Brian Colgan, David Kong, Halim Gunawan, Richard W. Holloway | 26 June 2019
Developments in the Indonesian life insurance industry during the period from 1 January 2019 to 31 March 2019.
- Critical Point Episode 14: Climate change, immigration, and opioids: The effect of global events on mortality
By Dale S. Hagstrom | 24 June 2019
Global events like climate change, immigration, and opioids have the potential to affect mortality rates, as Milliman consulting actuary Dale Hagstrom discusses in the latest episode of the firm’s podcast, Critical Point.
- Single premium immediate annuities: 2018 survey
By Tim E. Hill, Susan J. Saip | 19 June 2019
Milliman conducted a broad-based survey on single premium immediate annuities, capturing historical data for key industry competitors, as well as company perspectives on a range of issues pertaining to these products into the future.
- Fixed indexed annuities: 2018 survey
By Tim E. Hill, Susan J. Saip | 19 June 2019
Milliman conducted a new broad-based survey on fixed indexed annuities, capturing historical data for key industry competitors, as well as company perspectives on a range of issues pertaining to these products into the future.
- Emerging risks and opportunities in insurance: Technology and innovation
By George Barrett | 17 June 2019
This paper describes how innovation can lead to risks for insurance companies and gives insight on how to stay one step ahead.