Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, nearly 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of NWS Holdings Limited and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in the Greater Bay Area while continuously creating value beyond insurance.
Our Vision
We are dedicated to creating value beyond insurance to help our customers and families navigate through life journey with personalised planning solutions and diverse lifestyle experiences.
Our Mission
We bring meaningful value, lifelong protection and sustainable growth by strengthening CTF Life’s collaboration with the diverse conglomerate of the Group.
Our Identity
Our Values and Beliefs
Top-notch Credit Ratings
CTF Life’s financial strength is well-recognised by renowned global rating agencies :
Based on the financial strength ratings announced by Fitch Ratings in November 2023, and Moody’s in May 2024.
Strong Solvency Ratio
As at 31 December 2023, CTF Life solvency ratio was 314% (unaudited).
According to the Insurance Ordinance, the solvency ratio refers to the proportion of insurer’s total available capital to the minimum regulatory capital. The higher the solvency ratio, the stronger is the financial position of the insurance company. The lowest solvency ratio required by the regulator is 150%.
Hong Kong Risk-based Capital (HKRBC) solvency ratio is approximately 272%*, well above the 100% Prescribed Capital Requirement under HKRBC regime.
* Based on internal assessment, expect to be effective from second half of 2024