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FTLife Insurance Company Limited (FTLife) is one of Hong Kong's life insurance companies and a wholly owned subsidiary of NWS Holdings Limited.


History

In 1994,
NZI NZI or New Zealand Insurance is a major insurance company in New Zealand. NZI was formed in Auckland by 1859 as the New Zealand Insurance Company and is one of New Zealand's largest and longest-serving fire and general insurance brands. In a ...
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. 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 Fortis may refer to: Business * Fortis AG, a Swiss watch company * Fortis Films, an American film and television production company founded by actress and producer Sandra Bullock * Fortis Healthcare, a chain of hospitals in India * Fortis Inc ...
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 Ageas is a Belgian multinational insurance company co-headquartered in Brussels. Ageas is Belgium's largest insurer and operates in 14 countries worldwide. The company was renamed from Fortis Holding in April 2010 and consists of those insurance ...
. 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. In November 2019, NWS Holdings Limited completed the acquisition of FTLife.


References

{{Insurance companies of China Financial services companies established in 1985 Insurance companies of Hong Kong Pacific Century Group Companies formerly listed on the Hong Kong Stock Exchange 1985 establishments in Hong Kong 1999 initial public offerings 1994 mergers and acquisitions 2007 mergers and acquisitions 2015 mergers and acquisitions 2018 mergers and acquisitions