Pang-Hsiang Chye
FIA, FSOAT, FSAS
Principal, Consulting Actuary
Hong Kong, CN
Pang Chye is a principal and actuary with Milliman’s Hong Kong office. He joined the firm in 2002, after spending more than two and a half years with Milliman in New York, and six years with an actuarial and management consultancy in Southeast Asia.
Experience
Pang specializes in property and casualty insurance and healthcare insurance.
He has consulted to more than 80 property and casualty insurance and reinsurance companies in Greater China and Southeast Asia on issues pertaining to:
- Market entry and business planning
- Mergers and acquisitions and IPOs
- Alternative distribution channels and customer segmentation
- Premium rating
- Review of adequacy of claims reserves
- Improving return on equity (ROE) using reinsurance
Pang has consulted to governments, insurance companies, health plans, hospitals, physician groups, and pharmaceutical companies in Asia, the United States, and South Africa. His healthcare experience includes:
- Healthcare financing reform
- Product design and consumer testing
- Premium rating and quotation systems
- Provider profiling and reimbursement and network management
- Healthcare utilization and cost management
- Market entry and business planning
- Mergers and acquisitions
Professional Designations
- Fellow, Institute of Actuaries, London
- Fellow, Society of Actuaries, Thailand
- Fellow, Singapore Actuarial Society
Education
- Master of Economics, Macquarie University, Sydney, Australia
Publications
Read their latest work
Article
South East Asia in focus: What’s new in health
11 September 2024 - by Pang-Hsiang Chye, Cheng Xin Yap, John Chin, Bussaba Chauyruk
We highlight developments in the health insurance market in Southeast Asia for 2024 through June, with market surveys and news for six countries and Hong Kong.
Article
Indonesia in focus: What's new in Non-Life August 2024
27 August 2024 - by Pang-Hsiang Chye, Renuka Subramaniam, Ham Victoria Janice Hartono, Leonardo Adrian
In our August review, we detail developments in the non-life insurance market in Indonesia for the first half of 2024.
Article
Thailand in focus: What's new in Non-Life August 2024
20 August 2024 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Bussaba Chauyruk
We review reporting results for Thailand’s non-life insurance market for the first half of 2024 and the full year 2023, and detail recent market developments.
Article
Indonesia in focus: What's new in Non-life April 2024
25 April 2024 - by Pang-Hsiang Chye, Renuka Subramaniam, Tharan Ganesan, Ham Victoria Janice Hartono
We recap developments in Indonesia's non-life insurance market for the second half of 2023, including annualized 15.3% premium growth in the fourth quarter.
Article
Malaysia: New Policy Document on Medical and Health Insurance/Takaful (MHIT) business
15 April 2024 - by Pang-Hsiang Chye, Farzana Ismail, John Chin, Hana Ghazali
New guidance in Malaysia acknowledges a number of significant developments and challenges in managing Medical and Health Insurance/Takaful business.
Article
Thailand in focus: What's new in Non-Life March 2024
04 April 2024 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Bussaba Chauyruk
We review reporting results and market developments for Thailand’s non-life insurance market for the second half of 2023.
Article
South East Asia in focus: What's new in health
18 September 2023 - by Pang-Hsiang Chye, Cheng Xin Yap, John Chin, Rong Xing Tan
We recap developments in the health insurance market in Southeast Asia for the first half of 2023, with market surveys and news for six countries and Hong Kong.
Article
Thailand in focus: What's new in Non-Life August 2023
29 August 2023 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Bussaba Chauyruk
We review reporting results and market developments for Thailand’s non-life insurance market for the first half of 2023, when overall premiums rose 5.3%.
Article
Indonesia in focus: What's new in Non-Life July 2023
25 July 2023 - by Pang-Hsiang Chye, Renuka Subramaniam, Tharan Ganesan, Ham Victoria Janice Hartono
We recap developments in the non-life insurance market in 2023 in Indonesia, including 16.4% premium growth and a survey about IFRS 17.
Article
Indonesia in focus: What's new in Non-Life March 2023
30 March 2023 - by Pang-Hsiang Chye, Renuka Subramaniam, Tharan Ganesan, Muhammad Hanif Saiful
We recap developments in non-life insurance market for the second half of 2022 in Indonesia, where overall premium growth topped 20%.