YF Life Appoints Victor Yip as Co-CEO

June 22, 2022

YF Life Insurance International Ltd. (YF Life) is pleased to announce the appointment of Mr. Victor Yip as Co-Chief Executive Officer, responsible for the Company’s overall business and strategic development in Hong Kong and Macau. Mr. Yip has over 30 years of extensive experience in the insurance industry across a broad range of disciplines, including actuarial, business development, operations, and marketing. Mr. Yip joined the Company in 1996. Prior to this appointment, he had held senior executive positions in the Company, including Chief Actuary and Chief Operating Officer. Mr. Yip holds a Bachelor of Science degree from the University of Toronto and is admitted as Fellow of the Society of Actuaries.

In his new role, Mr. Yip will uphold the YF Life spirit of innovation and fully leverage fintech to consolidate stable business growth momentum, and will continue to create added value for stakeholders while further promoting YF Life’s “Own the future” promise.

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 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.

Notes:

1.    Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited.
2.    The “Five Largest US Mutual Life Insurance Companies” is ranked according to the results of “Insurance: Life, Health (Mutual)” on total revenues for 2021, and based on the FORTUNE 500 as published on May 23, 2022.