FTLife Insurance Company Limited (“FTLife”) is a wholly-owned subsidiary of NWS Holdings Limited (Hong Kong Stock Code: 659). We have more than 30 years of heritage of providing individuals and institutions with diversified insurance and financial planning products and services, including life, health, accident, savings and investment insurance.
Backed by the Group’s financial strength, ecosystem and advanced customer-focused digital technology, FTLife aspires to become the leading insurance brand in the Greater Bay Area.
Our Vision is to create value beyond insurance to help its customers and families navigate through life journey with personalised planning solutions and diverse lifestyle experiences.
Our mission is to bring meaningful shared value, lifelong protection and sustainable growth by integrating insurance with the Group’s ecosystem.
Our Identity
Our Values and Beliefs
Top-notch Credit Ratings
FTLife’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 June 2023.
Strong Solvency Ratio
As at 30 June 2023, FTLife solvency ratio was 325% (audited).
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 260%*, well above the 100% Prescribed Capital Requirement under HKRBC regime.
* Based on internal assessment, expect to be effective from second half of 2024