01/01/2026 | 1 minute read

MyPace Life commences Third-Party Administration Services for Desjardins Financial Security Life Assurance Company Hong Kong Policies

MyPace Life Limited (“MyPace Life” or “MPL”) has commenced its role as Third-Party Administrator (“TPA”) for Hong Kong long-term insurance policies of Desjardins Financial Security Life Assurance Company (“DFS”), with effect from 1 January 2026.

Under the Administration Agreement entered into between MPL and DFS, MPL is responsible for providing policy administration and customer servicing support for the DFS Hong Kong policies. These services include, among others, policy administration, customer enquiries handling, transaction processing, claims handling, and ongoing operational support, in accordance with the agreed service scope and applicable regulatory requirements.

DFS, as the insurer, continues to be responsible for all insurance liabilities under the relevant policies. MPL does not assume any insurance risk in connection with the administration services.

No action is required for policyholders — the transition has happened automatically. There will be no changes to existing policy coverage, terms, or benefits. Further information will be communicated to affected policyholders as appropriate.

For enquiries relating to policy services, policyholders may contact MyPace Life using the contact details provided on this website.

Last Updated: 01/01/2026

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”)

Important Update: 7th January 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”) is expected to happen in quarter 1 2026.

The Scheme will be considered in the substantive hearing of the Petition in the Hong Kong Court which is scheduled to take place at 10 a.m. on 13 February 2026. The transfer contemplated under the Scheme will not proceed unless it is approved by the Hong Kong Court.

Once there is confirmation of the proposed transfer date it will be posted on this webpage.

Important Notice: Hong Kong Portfolio Transfer

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 Notice: Hong Kong Portfolio Transfer