
Pingni Eng
ASA, CERA, FSA, FSASSG
Consulting Actuary
Singapore, SG
Pingni is a consulting actuary with Milliman's Singapore office. She joined the firm in January 2016.
Experience
Prior to joining Milliman, Pingni was a senior associate at Ernst & Young ASEAN Actuarial Services team for over three years. She also had prior internship experience in Tokio Marine Singapore where she rotated in both pricing and valuation roles.
Pingni has worked extensively on insurance liabilities valuation, experience analysis, and basis setting. She has good knowledge of the current regulatory framework and upcoming developments in the South East Asian markets.
Her past relevant experience includes:
- Reviewing the par fund of a Malaysian MNC insurer against the Management of Par Fund regulations in Malaysia. The scope included a reviewing their Prophet model calculations, asset share assumptions and performing a gap analysis review on their MPB policy.
- Participating in a product shelf benchmarking study for a mid-size multinational insurer in Thailand, which includes identifying key success factors of the major products sold by their competitors and a thorough assessment of their product shelf.
- Assisting a mid-size MNC in Thailand to implement the Prophet goal-seeking function for three of their master products to incorporate profit measures such as VNB margin, IRR and breakeven year. As part of this project, she has delivered sample goal-seek pricing results and prepared training materials.
- Reviewing the existing agency compensation scheme for a large local insurer in Thailand, and redesigned it to be in line with the insurer's strategic direction and best market practices. She has also built a five-year cost projection model as well as analysed the winners and losers' under newly proposed agency structure
- Performing statutory audit and embedded value reviews for multiple multinational and local life insurance companies in the South East Asian region
- Carrying out the implementation of Prophet model for a multinational insurer in Singapore and a leading insurer in Sri Lanka
- Providing support in multiple mergers and acquisition advisory projects on both the buy and sell side across conventional and Takaful operators in the South East Asian region
Professional Designations
- Fellow of the Society of Actuaries
- Associate of the Society of Actuaries
- Chartered Enterprise Risk Analyst, Society of Actuaries
Education
- Summa Cum Laude, Double degree in Economics and Business Management (major in Actuarial Science and Finance), Singapore Management University
Publications
Read their latest work
Article
Life insurance capital regimes in Asia, 8th edition
17 September 2026 - by Clement Bonnet, Julian Man, Alex Bryant, Sherry Du, Pingni Eng, Linda Jin, Sharon Huang, Farzana Ismail, Philip Jackson, Sung Hoon Kim, Wen Yee Lee, Erica Chan, Kyosuke Aiguchi, Jaden Chiu
In our eighth edition of a report on capital regimes in Asia, we cover existing conditions and upcoming changes across the region.
Article
アジアにおける生命保険の資本規制:第8回
17 September 2026 - by Clement Bonnet, Julian Man, Alex Bryant, Sherry Du, Pingni Eng, Linda Jin, Sharon Huang, Farzana Ismail, Philip Jackson, Sung Hoon Kim, Wen Yee Lee, Erica Chan, Kyosuke Aiguchi, Jaden Chiu
本レポートでは、アジアの生命保険の資本規制について域内各国・地域における現状と今後予定されている変更について取り上げます。
Article
不適切販売問題発生後のベトナム生命保険市場
08 June 2026 - by Neha Dutt, Pingni Eng, Keya Shah
ベトナムの生命保険市場は、2022年の不適切販売問題を経て、より規律ある持続可能な成長局面に入っており、本稿ではその動向について考察します。
Article
Vietnam’s life insurance landscape after the mis-selling crisis
08 June 2026 - by Neha Dutt, Pingni Eng, Keya Shah
We explore Vietnam’s life insurance market, which has entered a more disciplined and sustainable growth phase after its 2022 mis-selling crisis.
Article
マレーシア:2024年気候変動リスクのストレステスト
28 May 2026 - by Farzana Ismail, Erica Chan, Pingni Eng, Daniel Lim
本稿では、マレーシアの生命保険セクターにおける2024年の気候変動リスク・ストレステストから得られた主な所見と教訓についてまとめます。
Article
Malaysia: 2024 Climate Risk Stress Testing Exercise
28 May 2026 - by Farzana Ismail, Erica Chan, Pingni Eng, Daniel Lim
We summarise key observations and lessons learned from the 2024 climate risk stress testing in Malaysia’s life insurance sector.
Article
Life insurance capital regimes in Asia, 7th edition
01 October 2025 - by Clement Bonnet, Julian Man, Alex Bryant, Sherry Du, Pingni Eng, Linda Jin, Sharon Huang, Farzana Ismail, Philip Jackson, Sung Hoon Kim, Wen Yee Lee, Erica Chan, Kyosuke Aiguchi
We examine and summarize the complex and varied capital regulations for life insurance companies for 15 markets in Asia.
Article
アジアにおける生命保険の資本規制:第7回
01 October 2025 - by Clement Bonnet, Julian Man, Alex Bryant, Sherry Du, Pingni Eng, Linda Jin, Sharon Huang, Farzana Ismail, Philip Jackson, Sung Hoon Kim, Wen Yee Lee, Erica Chan, Kyosuke Aiguchi
本レポートでは、アジアの15の市場における生命保険会社の複雑かつ多様な資本規制について調査し、まとめました。
Article
アジアにおける医療費の上昇:保険会社の課題と戦略
19 December 2024 - by Clement Bonnet, Farzana Ismail, Wen Yee Lee, Erica Chan, Pingni Eng, Shir Lynn Ong, Junaidi Amin, Joshua Ho
ミリマンでは、アジア全域の生命保険および健康保険会社を対象に、高い医療インフレが当該地域に与える影響について理解するための調査を実施しました。
Article
Rising medical costs in Asia: Challenges and strategies for insurers
19 December 2024 - by Clement Bonnet, Farzana Ismail, Wen Yee Lee, Erica Chan, Pingni Eng, Shir Lynn Ong, Junaidi Amin, Joshua Ho
We surveyed life and health insurers across Asia to understand the impact of high medical inflation across the region.