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Milestones

Mar 1997
Incorporation of The Hong Kong Mortgage Corporation Limited (the HKMC), wholly owned by the Hong Kong Special Administrative Region Government through the Exchange Fund

Jun 2017
Incorporation of HKMC Annuity Limited (HKMCA), a wholly-owned subsidiary of the HKMC to implement the Life Annuity Scheme

Sep 2017
Appointment of Mr Norman T. L. CHAN, GBS, JP as Chairman and Executive Director of HKMCA

Sep 2017
Appointment of Mr Edmond LAU Ying-Pan as Executive Director and Chief Executive Officer of HKMCA

May 2018
HKMCA was granted by the Insurance Authority the formal authorization to carry on Class A (Life and Annuity) of Long Term Business in or from Hong Kong

Jul 2018
HKMCA announces the official launch of the life annuity scheme and names the scheme “HKMC Annuity Plan”