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Chow Tai Fook Life Insurance
Chow Tai Fook Life Insurance was founded in 1985. The Cheng Yu-tung family controls the firm through its broader conglomerate structure. CTF Life writes life...
Chow Tai Fook Life Insurance
Chow Tai Fook Life Insurance was founded in 1985. The Cheng Yu-tung family controls the firm through its broader conglomerate structure. CTF Life writes life insurance and retirement products. Its balance sheet includes fixed-income, currency, and commodity exposures. The company sits inside CTF Services Limited, formerly NWS Holdings, alongside sister entity New World Development. Both entities share the same controlling family and maintain operational ties inside Hong Kong. The firm lists 15/F NEO, 123 Hoi Bun Road, Kwun Tong, Kowloon as its principal office. Man Kit Ip serves as CEO. In 2024 the company adopted the CTF Life name after the NWS Holdings acquisition. CTF Life maintains the CIRCLE loyalty program that links policyholders to other Cheng family businesses. Philanthropic activity runs through the separate Chow Tai Fook Charity Foundation.
General information
Firm type
Insurance
Year founded
1985
AUM
Undisclosed
Location
Region
Asia
Country
Hong Kong
City
Hong Kong
Corporate office
Hong Kong, Hong Kong
Principals
Dr. Henry Cheng Kar-shun
Chairman and Non-executive Director
Man Kit Ip
Executive Director and Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at CTF Life?
Dr. Henry Cheng Kar-shun serves as Chairman. Man Kit Ip acts as CEO. Both hold titles listed on firm records.
How is CTF Life related to NWS Holdings?
NWS Holdings, now CTF Services Limited, acquired the insurer in 2019 and remains the immediate parent.
Where does the underlying wealth come from?
Control rests with the Cheng Yu-tung family through its ownership of the Chow Tai Fook Group and affiliated companies.
Does CTF Life maintain philanthropic structures?
The firm lists the Chow Tai Fook Charity Foundation as a related vehicle. A program called Seeds for Future 2025 also appears in records.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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