YF Life Wins Three Accolades at "HKET Wealth Management Awards"

Named “Best Universal Life Insurance”, “Best Wealth Legacy Product” and “Most Popular Critical Illness Insurance Product”

HONG KONG SAR – Media OutReach Newswire – 23 October 2026 – YF Life Insurance International Limited ("YF Life") has once again achieved outstanding results at the HKET Wealth Management Awards, winning three accolades in recognition of its innovative product design and comprehensive protection solutions: "Best Universal Life Insurance", "Best Wealth Legacy Product" and "Most Popular Critical Illness Insurance Product". The honors reaffirm YF Life's product strengths in wealth management and health protection, as well as the strong recognition its products have received from the market and customers.

YF Life Chief Product Officer Jason Cheng said, "These honors not only reflect the market's recognition of YF Life's product strengths, but also encourage us to continue putting customers' needs at the heart of everything we do. Through innovative thinking and a forward-looking perspective, we strive to develop solutions that combine flexibility, protection and legacy planning, further strengthening YF Life's market position as a universal life insurance specialist. "As wealth management needs become increasingly diverse and public awareness of health protection continues to grow, YF Life will remain committed to its 'customer-first, people-centric' philosophy. Building on our extensive expertise in annuities and universal life insurance, and guided by our Invesurance insurance investment philosophy, we seek to create long-term growth potential for customers' insurance assets through professional investment and risk management. By integrating the concept of 'investing in both wealth and health' into our products and services, we aim to provide comprehensive wealth management and health protection solutions, helping customers plan for a more prosperous and secure future."

The WealthPulse Universal Life Insurance Saver, winner of the "Best Universal Life Insurance" award, combines wealth accumulation, asset allocation, institutional-grade investment management and legacy planning to provide customers with a flexible and comprehensive solution. The plan offers opportunities to capture potential market returns through its crediting interest rate, while the base crediting interest rate is guaranteed to be no less than 0% per annum¹. It also provides a guaranteed minimum account value crediting interest rate of up to 3% per annum², helping customers navigate market fluctuations, alongside welcome bonus, special bonus and loyalty bonus features designed to balance wealth growth and asset protection. The plan also offers flexible premium payment terms, withdrawal arrangements and a range of wealth legacy planning options. Together with 12 lifetime annuity options with guaranteed lifetime payouts, described as unique in the market³, it enables customers to address their wealth management, retirement and legacy planning needs flexibly through a one-stop solution.

The Beyond Infinity Savings Insurance Plan, winner of the "Best Wealth Legacy Product" award, addresses both medium- to long-term wealth accumulation and intergenerational wealth transfer. It offers up to 10 policy currency options⁴, including the Swiss Franc, which is rarely available in the market⁵, together with flexible wealth management arrangements that enable customers to capture potential wealth growth opportunities according to their individual needs and market conditions. The plan also provides flexible withdrawal arrangements and a unique in the market ³ lifetime annuity option to accommodate customers' financial and retirement needs at different stages of life, and along with a comprehensive suite of legacy planning features including the prior arrangement for up to 3contingent policy owners and 3 contingent insureds⁶, change of insured and policy owner, policy-split option, and up to 11 death benefit settlement options etc. These features enable customers to plan their family wealth with greater flexibility, allowing wealth to continue accumulating across generations and passing both wealth and their wishes on to the next generation.

The YF PrimeHealth Pro Insurance Plan (Ease), which received the "Most Popular Critical Illness Insurance Product" award, is designed for younger customers taking out critical illness protection for the first time and seeking a cost-effective solution, while also providing an upgrade option for customers who already have critical illness coverage. The plan covers 101 critical illnesses and features a guaranteed coverage booster⁷, with an automatic increase equals to 5% of the basic sum insured every 5-policy anniversary on or before age 65 of the insured, at no additional premium required. This enables protection to grow progressively alongside the insured's changing life stages and future protection needs, helping customers build a stronger health safety net for themselves and their loved ones.

Organized by HKET, the HKET Wealth Management Awards aim to recognize financial and insurance institutions for excellence in product innovation, professional service and market performance. Winners are selected by a professional judging panel based on multiple criteria and undergo a rigorous assessment process, recognizing their outstanding achievements in advancing the wealth management industry.

Notes:

1. The base crediting interest rate is declared by us and is subject to change from time to time at our discretion but will be no less than 0% per annum.
2. The guaranteed minimum account value is applicable in the event of an application of the full annuity, a full surrender of the policy or when the death benefit is payable and accumulates with a guaranteed minimum account value crediting interest rate at 3% per annum during the first 20 policy years and 2% per annum thereafter.
3. The above description of "unique in the market" is based on our understanding and interpretation of the current market information, by comparing Lifetime Annuity Option with other publicly available universal life insurance plans issued by major Hong Kong and Macau life insurance companies for individual customers as of October 1, 2025.
4. Macau Pataca (MOP) is included and is applicable to policies issued in Macau only.
5. The above description is based on our understanding and interpretation of the current market information, by comparing the currency options with other publicly available multi-currency savings insurance plans issued by major Hong Kong and Macau life insurance companies for individual customers as of September 1, 2026.
6. In the event of the death of the policy owner or the insured, one of the persons nominated in advance will become the new policy owner or the new insured according to the pre-set sequence of succession, subject to the relevant requirements. For details of the policy ownership and change to contingent insured, please refer to the terms and conditions of the policy.
7. The Guaranteed Coverage Booster is only applicable to an insured whose issue age is 60 or below. The cumulative increase is capped at 45% of the basic sum insured.

General Notes:

1. The information contained in this press release is intended as a general summary of information for reference only. For more details, please refer to relevant product brochures, promotion leaflets, and policy documents. The terms and conditions of the policy shall prevail. The product information in this press release does not contain the complete terms of the product, which are set out in the policy documents. Please refer to the main product brochure and policy terms and conditions, as well as the explanatory documents provided by your licensed insurance intermediary, to fully understand the details and complete terms and conditions related to the plan. For inquiries, please contact our customer service hotline: (852) 2533 5555/ (853) 2832 2622.
2. This press release is intended for distribution in Hong Kong and Macau only and should not be construed as an offer or solicitation to sell or promote any YF Life products outside Hong Kong and Macau. YF Life hereby declares that it has no intention of offering, selling or soliciting the purchase of such product in any jurisdiction outside Hong Kong and Macau.
3. The Information contained in this press release is not sufficient to form the basis of any decisions to purchase any insurance products. You should carry out your own research and/or seek independent advice from licensed intermediaries before purchasing any insurance products or making any insurance decisions.

Hashtag: #YFLife #Invesurance #萬通保險

The issuer is solely responsible for the content of this announcement.

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Jason Cheng, Chief Product Officer of YF Life, receiving the award on behalf of the company.

• New report sets out a method the industry can use to put a financial value on climate resilience
• The Westbund Central case study shows that its resilience measures are expected to keep storm-surge and rainfall-flood losses in 2050 below the losses an unprotected building would face today

HONG KONG SAR – Media OutReach Newswire – 23 October 2026 – Hongkong Land Holdings Limited ("Hongkong Land") today published Building Value That Lasts: Quantifying the Return on Climate Resilience in Real Estate. The report developed with Marsh puts a financial value on designing buildings for a changing climate. Its case study is Westbund Central, Hongkong Land's mixed-use waterfront development of approximately 1.7 million sq. m. on Shanghai's Huangpu River.

(From left to right) From left: Michael Long, Head of Group Sustainability, Hongkong Land; Stuart Grant, Chief Executive of Westbund Central, Hongkong Land; Swenja Surminski, Managing Director of Climate and Sustainability, Marsh; and Michael Li, Chairman and President, Marsh Risk China.

The report finds that the development's resilience measures cut expected storm-surge losses by 84% and rainfall-flood losses by 88% under today's conditions. Westbund Central's resilience measures are expected to keep storm-surge and rainfall-flood losses in 2050 below the losses an unprotected building would face today.

Closing the resilience valuation gap

Climate risk now shapes how real estate is assessed, financed and insured. Almost every climate related disclosure acknowledges the need for adaptation, yet fewer than one in ten puts a number on it. Hongkong Land and Marsh set out to close that gap together by treating resilience as an investment with a measurable return, not a cost to be absorbed.

Resilience pays, and the reductions are large

Working with global leading insurance broker and risk advisor Marsh, Hongkong Land modelled the average annual loss (AAL) at Westbund Central from storm surge, rainfall flooding and wind. AAL is the expected yearly cost of physical damage. The modelling compared climate risks today and in 2050 for buildings with and without resilience measures beyond those required by building codes. It assumed a future in which global greenhouse-gas emissions remain high.

Without the development's enhanced resilience measures, expected storm-surge losses would more than double and wind losses would more than triple by 2050. The measures reduce expected losses as follows:

• storm-surge losses fall by 84%, both today and in 2050
• rainfall-flood losses fall by 88% today and 79% in 2050
• wind losses fall by 36% today and 31% in 2050

Built for the climate of 2050

Westbund Central was engineered for projected climate conditions in 2050, rather than historical conditions. These measures significantly reduce the impact of increasing climate risk:

• Storm surge: with Westbund Central's resilience measures in place, average annual losses in 2050 are projected at 0.12%, compared with 0.38% for a building without these measures today.
• Rainfall flooding: with the resilience measures in place, average annual losses in 2050 are projected at 0.05%, compared with 0.19% for a building without these measures today.

Insurers are raising premiums, tightening terms and withdrawing cover from exposed locations. In that market, a lower and more stable loss profile matters.

Westbund Centrals resilience features include:

• 23% more drainage capacity, protecting against a 1-in-100-year rainfall event
• Grade 1 waterproofed basements and the elevation of critical equipment
• A "Sponge City" network of more than 12 features designed to capture and store stormwater, with capacity exceeding 2,000 m³

The figures are conservative. They count physical damage only and exclude extreme heat, the fastest-growing hazard at the site, which the development manages through design and operations.

Michael T. Smith, Group Chief Executive of Hongkong Land, said: "Climate change is a significant force reshaping real estate. At Westbund Central, climate resilience is core to all that we do because we believe resilience and commercial performance reinforce each other. This report shows the return on that investment can be measured today, with tools that already exist. The industry no longer has any excuse not to."

Stuart Grant, Chief Executive of Westbund Central, said: "A premium destination is a seamless one. Much of the resilience work at Westbund Central is deliberately invisible to the tenants and visitors who use it every day. Its value shows in the disruption that never reaches them. Keeping the precinct open, comfortable and trading regardless of weather conditions is how resilience facilitates commercial performance."

Michael Li, Chairman and President of Marsh Risk China, said: "Climate risk is now a balance-sheet risk. Westbund Central shows that adaptation pays back through lower loss exposure and stronger access to capital. As a risk orchestrator, Marsh matches protection needs to capital flows, helping clients quantify resilience and close the valuation gap."

A method for the industry

The report is offered as a method others can apply, not just as an account of one development. It traces how climate risk can be assessed from site selection through to operations and linked to financial outcomes. It calls on the industry to:

• quantify early, at site selection and design, when action is most cost-effective
• bring insurers and lenders in from the start
• build a shared standard so resilience can be benchmarked across assets, as carbon already is

For further details, please see the full report which is available for download [here].

Hashtag: #HongkongLand

The issuer is solely responsible for the content of this announcement.

Westbund Central

Hongkong Land's Westbund Central is the Group's largest-ever single investment. Scheduled to complete in phases up until 2028, it is an US$8 billion development encompassing approximately more than 1.7 million sq. m. of prime mixed-use property strategically located at Shanghai's Xuhui Waterfront. It is a flagship development of Hongkong Land's prime commercial properties' CENTRAL Series. The ultra-premium integrated commercial property includes 240,000 sq. m of retail space, 650,000 sq. m. of premium Grade A offices, 160,000 sq. m. of high-end waterfront luxury residences, two hotels (55,000 sq. m.) and over 50,000 sq. m. of cultural and art venues.

Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land's ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world's foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

Marsh
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

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