YF Life Once Again Awarded ‘A-’ Insurer Financial Strength Rating by Fitch
April 8, 2021
YF Life Insurance International Ltd. (“YF Life”) is pleased to announce that it has once again been awarded an ‘A-’ (Strong) Insurer Financial Strength Rating by Fitch Ratings. Despite the economic uncertainties due to the Covid-19 pandemic, the affirmation of YF Life’s rating is a testament to its solid financial performance, capital adequacy and stable outlook.
YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company, one of the “Five Largest US Life Insurance Companies”*. Leveraging our 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.
* Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited. The “Five Largest US Life Insurance Companies” is ranked according to the aggregate results of “Insurance: Life, Health (Mutual)” and “Insurance: Life, Health (Stock)” on total revenues for 2019, and based on the FORTUNE 500 as published on May 18, 2020.