Ken Lim
FIAUK
Consulting Actuary
Kuala Lumpur, MY
Ken joined Milliman in 2018, based in Kuala Lumpur. He specializes in Property & Casualty, working on consulting projects in Southeast Asia and Greater China. He previously worked with a multinational general insurer based in London prior to joining Milliman.
Experience
Ken specialises in property and casualty insurance. His experience includes:
- Statutory insurance liabilities review for general insurers in Southeast Asia
- Independent review of valuation process for non-life companies in Malaysia
- Appraisal valuation and transaction management for M&A projects in Asia
- Motor premium rates review and repricing strategy, leveraging on machine learning models.
- Fraud, Waste and Abuse analysis for health insurers
- Technical pricing using GLM and Machine Learning models
- Post modelling work for personal lines products, including but not limited to rates deployment, impact analysis, rates reconciliation and experience monitoring
- Providing actuarial trainings and workshops for general insurers in Southeast Asia.
- Project management support for product development assignments
Professional Designations
- Fellow, Institute of Actuaries, UK
- Fellow, Actuarial Society of Malaysia
Education
- BSc in Actuarial Science – London School of Economics and Political Science, 2015
Publications
Read their latest work
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
Bank Negara Malaysia 2024 Climate Risk Stress Testing exercise: Key considerations for insurers
14 May 2024 - by Farzana Ismail, Ken Lim, Erica Chan, Richard Payne
We discuss key considerations for Malaysian insurers in the wake of BNM's recent guidance on climate risk stress testing.
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
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
Thailand in focus: What's new in non-life — March 2023
06 March 2023 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Bussaba Chauyruk
Our review of Thailand’s non-life insurance market shows overall premiums rose 3.6% year over year, among other notable trends.
Article
Thailand in focus: What's new in Non-Life, August 2022
17 August 2022 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert
The latest on Thailand non-life insurance: Premiums rise 2.3% 1H versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.
Article
Thailand in focus: What’s new in Non-Life, February 2022
08 February 2022 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Tarinee Sriboonchaichusakul
Overall premiums for non-life insurance rise 5.2% year over year, while net loss ratio increases in the third quarter to 69.65%, up from 54.28% third quarter 2020.
Article
"New normal" travel insurance: ASEAN in the post-COVID-19 era
29 September 2021 - by Ken Lim, Tananya Santipinyolert, Tharan Ganesan
We explore how ASEAN countries have been gradually opening up their borders, along with the progress shown by insurers in the region to adapt to the evolving situation and its repercussions for the travel insurance products of tomorrow.
Article
Thailand in focus: What’s new in Non-Life, July 2021
19 July 2021 - by Pang-Hsiang Chye, Ken Lim, Tananya Santipinyolert, Tarinee Sriboonchaichusakul
The latest market info and more: Overall premiums up 4.3% in early 2021 year over year, while net loss ratio edges 1.6% lower.
Article
Thailand in focus: What’s new in Non-Life, February 2021
10 February 2021 - by Pang-Hsiang Chye, Ken Lim
Overall, Non-Life industry direct premiums grew by nearly 4% in the 2020. Motor premiums declined in H1 but recovered strongly in H2, resulting in full year growth of 1.4%.