YF Life Awarded ‘A-’ (Strong) Insurer Financial Strength Rating by Fitch
March 14, 2023
YF Life Insurance International Ltd. (“YF Life”) has once again been awarded an ‘A-’ (Strong) Insurer Financial Strength Rating by Fitch Ratings, reflecting its ‘Strong’ capitalization and financial performance, plus a stable outlook.
Mr. Victor Yip, Chief Executive Officer at YF Life, said, “Last year, we faced many challenges under the onslaught of the pandemic. Nevertheless, we forged ahead with a positive and optimistic attitude, constantly reminding ourselves to stand tall and keep up the momentum of driving the sustainable development of our business. We are well positioned to meet our commitments to customers. The affirmation of the ‘A-’ rating by Fitch five years in a row is indeed a strong testament to our solid financial standing.”
YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited1 and Massachusetts Mutual Life Insurance Company1, one of the “Five Largest US Mutual Life Insurance Companies”2. Leveraging its robust financial background and solid reliability, YF Life is committed to helping customers “Own the future” by providing professional and technology-enhanced one-stop risk- and wealth-management consulting services, as well as MPF services.
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