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Sri Lanka: Global actuarial firm to begin operating after acquiring consulting firm

Source: Asia Insurance Review | Dec 2020

Global consulting and actuarial firm Milliman is set to begin operations in Sri Lanka after acquiring Colombo-based Spark Actuarial. The firm’s new office will support local and international clients with the firm’s full range of actuarial services.
According to Milliman CEO and president Steve White, Asia’s economic growth has led to a substantial demand for actuarial and consulting services in the region. Therefore, the establishment of a team in Sri Lanka is another step to increase the depth and breadth of his firm’s service offering in Asia.
Milliman had previously been supporting the Sri Lankan market from its other office locations for several years. A 
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