FTLife
{{Short description|Chinese life insurance company based in Hong Kong}}
{{Infobox company
| name = Chow Tai Fook Life Insurance Company Limited
| logo =
| type = Private
| foundation = {{start date and age | 1985 }} in Hong Kong
| key_people = Man Kit Ip, CEO
| num_employees = 400+
| products = Insurance
| owner = CTF Services
| homepage = {{URL|https://www.ctflife.com.hk/}}|
}}
Chow Tai Fook Life Insurance Company Limited (CTF Life) is a Hong Kong insurance company that focuses on health insurance and life insurance products. It is a wholly owned subsidiary of Chinese conglomerate CTF Services.
History
In 1994, NZI Life (Bermuda) Limited was acquired and renamed Top Glory Insurance Company (Bermuda) Limited (TGI). In the same year Pacific Century Group became the major shareholder of TGI.
In 1999, the company name was changed into Pacific Century Insurance. In July of the same year the Pacific Century Insurance Holdings Limited (PCIHL) was listed on The Stock Exchange of Hong Kong Limited.{{cite web|url=http://www.pcihl.com/about_us/english/milestones.htm |title=From PCI Official Website |publisher=Pcihl.com |date= |accessdate=2014-07-29}} Pacific Century Insurance Company Limited (PCI) became the subsidiary operating life insurance and other insurance businesses.
In 2007, Pacific Century Regional Developments entered into an agreement with Fortis on the sale of Pacific Century Insurance. In August 2007, the company renamed as Fortis Insurance Company (Asia) Limited.
In July 2010, Fortis Insurance Company Asia Limited was renamed as Ageas Insurance Company (Asia) Limited to align with the new brand adopted by the parent company Ageas.
In May 2016, JD Group successfully acquired Ageas Insurance Company (Asia) Limited from Ageas Group. In September 2016, Ageas Insurance Company (Asia) Limited was renamed as FTLife Insurance Company Limited.{{cite web|title=CEO's Letter to Customers|url=http://ftlife.com.hk/tc/about-FTLife/news-rebranding.html|website=FTLife|accessdate=2016-09-30|archiveurl=https://web.archive.org/web/20161005043259/http://ftlife.com.hk/en/about-FTLife/news-rebranding.html|archivedate=2016-10-05}}
In November 2019, NWS Holdings Limited completed the acquisition of FTLife.
References
{{reflist}}
{{Insurance companies of China}}{{DEFAULTSORT:CTF Life}}
Category:Financial services companies established in 1985
Category:Insurance companies of Hong Kong
Category:Pacific Century Group
Category:Companies formerly listed on the Hong Kong Stock Exchange
Category:1985 establishments in Hong Kong
Category:1999 initial public offerings
Category:1994 mergers and acquisitions
Category:2007 mergers and acquisitions
Category:2015 mergers and acquisitions