17/10/2025 | 1 minute read
Proposed Transfer of the Hong Kong Long-Term Insurance Businesses of The Canada Life Assurance Company (“CLA”) and Canada Life Limited (“CLL”) to MyPace Life Limited (“MPL”)
Important Update: 01 March 2026
The proposed transfer of the Hong Kong long-term insurance businesses of The Canada Life Assurance Company (“CLA”) and Canada Life Limited (“CLL”) to MyPace Life Limited (“MPL”) has happened on 1 March 2026.
The Scheme was considered and sanctioned in the substantive hearing of the Petition in the Hong Kong Court on 13 February 2026. The transfer contemplated under the Scheme has proceeded in accordance with the court order.
Important Notice: Hong Kong Portfolio Transfer
- Statutory Statement to the CLA Policyholders dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the CLL Policyholders dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the CLL UK Policyholders dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the CLL EX UK Policyholders dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the Shareholders of CLA dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the Shareholders of CLL dated 17 October 2025 (ENG) (中文)
- Statutory Statement to the Shareholders of MPL dated 17 October 2025 (ENG) (中文)
- Frequently Asked Questions dated 17 October 2025 (ENG) (中文)
- Petition dated 27 August 2025 (ENG Only)
- Scheme of Transfer dated 27 August 2025 (ENG) (中文)
- The Independent Actuary’s Report dated 2 September 2025 (ENG) (中文)
- First Court Order dated 18 September 2025 (ENG Only)
- The Independent Actuary’s Supplementary Report dated 17 November 2025 (ENG) (中文)
- First Affirmation of the Independent Actuary (ENG Only)
- Second Affirmation of the Independent Actuary (ENG Only)
- Sealed Court Order sanctioning the Scheme (ENG Only)
Learn more about us at mypace.life and about our shareholders at asiainsurance.hk and pace.li. For more information on the portfolio transfer, contact us at (852) 3153 2965 or at info@mypace.life. Charges may apply.