19 February 2019 Captive Review

Joel Chansky was named to the Captive Review Hall of Fame. The Hall of Fame was introduced in 2016 and celebrates the most influential individuals the captive insurance industry has produced or been served by over the past 50 years.

14 September 2018 Wall Street Journal

According to Milliman estimates, fewer than 10% of the households likely affected by Hurricane Florence in the Carolinas have flood insurance.

13 August 2018 Captive.com

These awards recognize captive insurance products and services providers offering high levels of excellence over the past year.

27 March 2018 The Seattle Symphony

The Seattle Symphony becomes the first orchestra to adopt the Milliman Sustainable Income Plan^™ (SIP) on behalf of its musicians.

07 February 2018 Reuters

Rebecca Sielman says an important component in calculating funding for nearly all public retirement systems is smoothing out gains and losses over a four- to five-year period.

31 March 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its new Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. The MPBI uses the FTSE Above Median AA Curve, along with annuity purchase composite interest rates from insurers, to estimate the average cost of a PRT annuity de-risking strategy.

11 March 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. In February, discount rate declines combined with market volatility caused the PFI funding status to worsen by $71 billion, while the funded ratio for these plans dropped from 85.5% to 82.2% for the month. The last time the PFI funded ratio was this low was November 30, 2016.

2 March 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the fourth quarter 2019 results of its Public Pension Funding Index (PPFI), which consists of the nation’s 100 largest public defined benefit pension plans. During Q4 2019, the overall funded ratio for these plans climbed from 72.7% to 74.9%, which as of December 31 marks the highest quarterly result in the history of the PPFI. Comparatively, at the end of 2018, the Milliman PPFI funded ratio was at 67.2%.

27 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today announced the launch of the new Milliman Pension Buyout Index (MPBI). As the Pension Risk Transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.

25 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Multiemployer Pension Funding Study (MPFS), which analyzes the funded status of all multiemployer defined benefit pension plans in the United States.

25 February 2020

Seattle - Milliman, Inc., one of the premier global consulting, actuarial, and benefits administration firms, today announced it has added the IBEW Local 405 Deferred Savings Plan as a defined contribution client. The plan includes 900 participants and $184 million in assets.

24 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, and Enova Decisions, a leading financial technology and analytics company, today announced a strategic alliance aimed at bringing new advanced analytics to insurers. The alliance brings together Milliman’s deep domain expertise and data resources and Enova Decisions’ real-time analytic capabilities, giving insurers an innovative platform for retaining customers, optimizing sales operations, and maximizing the value of current and future customers.

19 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the 2020 edition of its triennial report on the estimated costs of U.S. organ and tissue transplants. The report summarizes average annual costs per member per month (PMPM), including utilization and billed charges, related to the 30 days prior through 180 days after transplant admission for organ and tissue transplants. This includes single-organ transplants such as heart, intestine, kidney, liver, lung, and pancreas, and a number of multiple-organ transplants; tissue transplants include bone marrow and cornea.

13 February 2020

Seattle -Milliman, Inc., a premier global consulting and actuarial firm, recently released the results of its biennial broad-based survey on term life insurance. The survey captured historical data for key industry competitors as well as company perspectives on a range of issues pertaining to these products into the future. The Term Life Insurance Issues report is based on a survey of 28 term insurance companies. It includes detailed information on underwriting trends and other product and actuarial issues such as sales, profit measures, target surplus, reserves, risk management, product design, compensation, and pricing.

10 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. In January, steep discount rate declines caused the PFI funding deficit to swell by $73 billion; the funded ratio for these plans subsequently dropped from 89.0% to 85.7% for the month.

4 February 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today announced the third quarter 2019 results of the Milliman Mortgage Default Index (MMDI), which shows the latest monthly estimate of the lifetime default risk of U.S.-backed mortgages.

3 February 2020

Chicago - Opportunity International and Milliman are working together to launch the first extreme poverty Opportunity Zone innovation hub in Uganda.

31 January 2020

Seattle - MedInsight, Milliman, Inc.’s highly regarded platform for data warehousing and healthcare analytics, ranked number one in the 2020 Best in KLAS: Software and Services report for Payer Quality and Risk Analytics.

21 January 2020

Seattle - Milliman, Inc., one of the premier global consulting, actuarial, and benefits administration firms, today announced it has added the Wisconsin Ironworkers Union Individual Account Retirement Fund as a defined contribution client. The plan includes over 3,300 participants and $215 million in assets.

8 January 2020

Seattle - Milliman, Inc., one of the premier global consulting and actuarial firms, today announced the election of Thomas D. Snook as the firm’s Global Health Practice Director.

8 January 2020

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the year-end results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. In 2019, corporate pension funding ended down $30 billion for the year, with the funding ratio dropping from 89.4% at the end of 2018 to 89.0% as of December 31, 2019.

23 December 2019

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2019 Public Pension Funding Study (PPFS), which analyzes funding levels of the nation’s 100 largest public pension plans, including an independent assessment on the expected real return of each plan’s investments.

26 November 2019

Seattle - Individual disability income (IDI) market reports modest overall growth, according to Milliman 15 IDI market leaders record combined 2018 new premium sales of $401 million, growth rate of 1.5%

18 November 2019

London – In response to client demand, MBW International, the leading independent alternative to the big three consulting firms for global pensions and employee benefits advice, has announced the addition of a third partner, Lurse. The organisation will become MBWL International with immediate effect.

07 November 2019

Seattle - Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During October, the funded ratio for these plans rose slightly, from 85.4% to 86.1%, while the funded status deficit improved by $11 billion.

30 October 2019

Seattle – Milliman, Inc., a premier global consulting and actuarial firm, today announced the second quarter 2019 results of the Milliman Mortgage Default Index (MMDI), which shows the latest monthly estimate of the lifetime default risk of U.S.-backed mortgages. The goal of the MMDI is to provide a benchmark to understand trends in U.S. mortgage risk.

22 October 2019

Seattle – MedInsight, Milliman, Inc.’s highly regarded platform for data warehousing and healthcare analytics, recently launched the newest release of its flagship product, the MedInsight Solutions. The newest release, called the MedInsight Provider Solution, was created in order to better serve and understand the performance of MedInsight’s over 100 providers.