News

13/05/2026 | 2 minute read

MyPace Life Appoints Alexander Moore as Chief Growth Officer to Drive Strategic Expansion

HONG KONG — MyPace Life Limited (“MyPace Life”), a life insurer in Hong Kong, today announced the appointment of Alexander Moore as Chief Growth Officer. This strategic appointment follows a series of major milestones for the company, including its transition to a fully authorized insurer and the successful migration of several life insurance portfolios.

A Seasoned Expert in Insurance and Finance

Mr. Moore joins MyPace Life alongside his current role as Chief Financial Officer of PACE Solutions Limited, one of MyPace Life’s key shareholders. He brings decades of experience as a senior insurance and Insurtech investment banker at several blue-chip firms.

Scaling Fast Following Key Milestones

The appointment comes at a time of rapid expansion for MyPace Life. On 24 February, 2026, the company received full authorization from the Hong Kong Insurance Authority to carry on multiple classes of long-term insurance business, including Life and Annuity, Linked Long Term, Permanent Health, and Retirement Scheme Management.

The company is now focused on completing portfolio transfers from other Hong Kong-based life insurers. Most recently, on 1 March, 2026, MyPace Life successfully completed a Section 24 portfolio transfer of the Hong Kong long-term insurance businesses of The Canada Life Assurance Company and Canada Life Limited.

Expanding Operational Capabilities

In addition to its role as a primary insurer, MyPace Life has established itself as a Third-Party Administrator (“TPA”). On 1 January, 2026, the company commenced TPA services for Desjardins Financial Security Life Assurance Company’s Hong Kong policies, managing customer inquiries, claims, and day-to-day administration.

With Mr. Moore joining the leadership team, MyPace Life is well positioned to further its goal of integrating technology into policyholder services, delivering more seamless and tailored solutions to in-force customers.

About MyPace Life Limited

MyPace Life Limited is a Hong Kong-authorized life insurance company specialized in portfolio transfers and administrative solutions. The company is supervised by the Hong Kong Insurance Authority and backed by shareholders including Asia Insurance Company Limited and PACE Solutions Limited. For more information, visit https://mypace.life.

Last Updated: 13/05/2026

24/02/2026 | 1 minute read

MyPace Life Limited Receives Full Authorization from Hong Kong Insurance Authority

Important Notice: Hong Kong Authorization

MyPace Life Limited (“MyPace Life” or “the Company”) has received full authorization from the Hong Kong Insurance Authority (“HKIA”) to carry on long-term insurance business in Hong Kong.

The Company received its Certificate of Authorization from the HKIA on 24 February 2026, following approval-in-principle granted also by the HKIA on 25 August 2025. MyPace Life is authorized under Section 8 of the Insurance Ordinance (Cap. 41) to carry on the following classes of long-term insurance business:

• Class A: Life and annuity
• Class C: Linked long term
• Class D: Permanent health
• Class G: Retirement scheme management category I
• Class H: Retirement scheme management category II
• Class I: Retirement scheme management category III

What this means for Policyholders

As a fully authorized insurer, MyPace Life operates under the complete supervision and regulatory oversight of the Hong Kong Insurance Authority. All policies under our management are protected by Hong Kong’s insurance regulatory framework, which includes:

• Strict capital adequacy requirements
• Regular financial and operational supervision by the HKIA
• Compliance with all Hong Kong insurance laws and regulations

MyPace Life is committed to providing a better experience for policyholders via integrating technology into policyholders services.

About MyPace Life Limited

MyPace Life Limited is a life insurance company authorized by the Hong Kong Insurance Authority to conduct portfolio transfers pursuant to Section 24 of the Insurance Ordinance (Cap. 41). MyPace Life Limited is specialized in receiving portfolio transfers from other Hong Kong based life insurers, providing tailored administrative solutions for in-force policyholders and customers.

In addition, selected Hong Kong insurers outsource certain policy services to MyPace Life Limited pursuant to the Hong Kong Insurance Authority’s Guideline on Outsourcing (GL14). This allows MyPace Life Limited to provide policy administration and customer service support, including customer enquiry handling, transaction processing, claims handling, and ongoing operational support.

Learn more about us at mypace.life and about our shareholders at asiainsurance.hk and pace.li. Alternatively, contact us directly using the details provided on this website.

Last Updated: 24/02/2026

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”)

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

1. Statutory Statement to the CLA Policyholders dated 17 October 2025 (ENG) (中文)
2. Statutory Statement to the CLL Policyholders dated 17 October 2025 (ENG) (中文)
3. Statutory Statement to the CLL UK Policyholders dated 17 October 2025 (ENG) (中文)
4. Statutory Statement to the CLL EX UK Policyholders dated 17 October 2025 (ENG) (中文)
5. Statutory Statement to the Shareholders of CLA dated 17 October 2025 (ENG) (中文)
6. Statutory Statement to the Shareholders of CLL dated 17 October 2025 (ENG) (中文)
7. Statutory Statement to the Shareholders of MPL dated 17 October 2025 (ENG) (中文)
8. Frequently Asked Questions dated 17 October 2025 (ENG) (中文)
9. Petition dated 27 August 2025 (ENG Only)
10. Scheme of Transfer dated 27 August 2025 (ENG) (中文)
11. The Independent Actuary’s Report dated 2 September 2025 (ENG) (中文)
12. First Court Order dated 18 September 2025 (ENG Only)
13. The Independent Actuary’s Supplementary Report dated 17 November 2025 (ENG) (中文)
14. First Affirmation of the Independent Actuary (ENG Only)
15. Second Affirmation of the Independent Actuary (ENG Only)
16. 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.

Last Updated: 16/02/2026