Hong Kong Annuity Firm Forges Strategic Alliance with Chow Tai Fook Life

Stock News

Yesterday

Hong Kong Mortgage Corporation's wholly-owned subsidiary, Hong Kong Annuity Company, announced on Monday (September 9) a strategic partnership with Chow Tai Fook Life Insurance Company. Under this collaboration, designated licensed insurance intermediaries under Chow Tai Fook Life can introduce the Hong Kong Annuity Scheme to their clients and refer eligible customers to the annuity firm for further follow-up.

This partnership once again underscores the annuity firm's ongoing commitment to collaborating with industry players to help the public tackle the financial challenges arising from an ageing population, empowering citizens to better manage longevity risks.

Where this initiative leads

Billy Leung, Executive Director and Chief Executive of Hong Kong Annuity Company, expressed enthusiasm: "We are delighted to welcome two new insurance partners to our referral network in the second half of 2026, further expanding our ecosystem. With the agreement with Chow Tai Fook Life now in place, we currently work with a total of three insurance partners. Moving forward, we will keep an open mindset, actively pursue collaboration opportunities with additional institutions, and offer the public more solutions to address population ageing, helping them craft sustainable retirement plans and enhance their quality of life in retirement."

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