Earlier this year, Milliman conducted a study on modelling management actions and policyholder behaviour based on a survey with 33 insurers covering six countries in Asia. At that time, the distribution of the full report and its findings was limited to the participants and a summary of some of the findings was shared with non-participants. With new or updated risk-based capital (RBC) regimes on the way in several countries and IFRS 17 soon to be implemented, the importance of modelling management actions is becoming increasingly important. We are now pleased to share the full report, available for download.

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