Milliman acquired Jakarta, Indonesia-based Eldridge Consulting, Milliman announced Tuesday.
Terms of the deal were not disclosed. The actuarial consulting and employee benefits firm will keep its team and take on the Milliman name, spokesman Jeremy Engdahl-Johnson said in a telephone interview. It is Milliman's first office in Indonesia and 10th in the Asia-Pacific region.
“There has been a concerted effort to expand into Asia over the last five years,” Mr. Engdahl-Johnson said.
Milliman will provide actuarial consulting to employers and insurers throughout Southeast Asia from the Jakarta office.
Eldridge Consulting has more than 300 clients.