FULFILMENT RATIO
Dividend fulfilment ratio
The fulfilment ratio compares dividends actually paid with the amount illustrated at the point of sale — the gap between what an insurer said and what it did.
This page reproduces no fulfilment-ratio figures and estimates none — the ratios change every year and are broken down by plan and policy year, so republishing them would mislead. Every card links straight to that insurer's official disclosure page. Disclosure form, update cycle and dividend categories were verified on 2026-09-29; the actual figures and reporting year are subject to the official page.
OFFICIAL SOURCES
Official pages for all 13 insurers
Each one is that insurer's official fulfilment-ratio or dividend-philosophy disclosure page. The cards link straight to the source; this site does not copy the figures.
AIAAIAOnline lookup · Updated every JuneView on official siteaia.com.hk
PrudentialPrudentialOn-page tables · Updated every JuneView on official siteprudential.com.hk
AXAAXAOnline lookup · Updated every JuneView on official siteaxa.com.hk
ManulifeManulifeOnline lookup · Updated every JuneView on official sitemanulife.com.hk
CTF LifeCTF LifeOn-page tables · Updated every JuneView on official sitectflife.com.hk
YF LifeYF LifeOnline lookup · Updated every AprilView on official siteyflife.com
China Life (Overseas)China Life (Overseas)Online lookup · Updated every JuneView on official sitechinalife.com.hk
CPIC Life (HK)CPIC Life (HK)Online lookup · Updated every AprilView on official sitecpiclifehk.com.hk
Well Link LifeWell Link LifePDF download · Updated every JanuaryView on official sitewli.com.hk
BOC LifeBOC LifeOn-page tables · Updated every JuneView on official siteboclife.com.hk
Sun LifeSun LifeOn-page tables · Updated every JuneView on official sitesunlife.com.hk
China Taiping (Hong Kong)China TaipingOn-page tables · Updated every AprilView on official sitetplhk.cntaiping.com
FWDFWDOnline lookup · Updated every JuneView on official sitefwd.com.hkDISCLOSURE
Disclosure conventions compared
Disclosure form and update rhythm differ: lookup tools require you to pick a plan first, on-page tables can be read directly, and Well Link Life publishes a PDF only.
| Insurer | Official page | Disclosure form | Update cycle | Dividend categories |
|---|---|---|---|---|
| AIA | aia.com.hk | Online lookup | Updated every June | Annual dividend · Reversionary bonus · Terminal bonus |
| Prudential | prudential.com.hk | On-page tables | Updated every June | Reversionary bonus · Special bonus · Terminal bonus · Cash dividend |
| AXA | axa.com.hk | Online lookup | Updated every June | Depending on the plan selected |
| Manulife | manulife.com.hk | Online lookup | Updated every June | Annual dividend · Terminal bonus · Special bonus |
| CTF Life | ctflife.com.hk | On-page tables | Updated every June | Annual dividend · Reversionary bonus · Terminal bonus · Terminal dividend · Special bonus |
| YF Life | yflife.com | Online lookup | Updated every April | Annual dividend · Reversionary bonus · Terminal bonus |
| China Life (Overseas) | chinalife.com.hk | Online lookup | Updated every June | Annual dividend · Reversionary bonus · Terminal bonus |
| CPIC Life (HK) | cpiclifehk.com.hk | Online lookup | Updated every April | Annual dividend · Reversionary bonus · Terminal bonus · Non-guaranteed annuity |
| Well Link Life | wli.com.hk | PDF download | Updated every January | Annual dividend · Reversionary bonus · Terminal bonus · Special bonus |
| BOC Life | boclife.com.hk | On-page tables | Updated every June | Annual dividend · Terminal bonus |
| Sun Life | sunlife.com.hk | On-page tables | Updated every June | Annual dividend · Reversionary bonus · Terminal bonus · Special bonus |
| China Taiping (Hong Kong) | tplhk.cntaiping.com | On-page tables | Updated every April | Reversionary bonus · Cash dividend · Terminal bonus · Special bonus |
| FWD | fwd.com.hk | Online lookup | Updated every June | Annual dividend · Special bonus |
No plan matches these filters. Try a different combination.
KNOW HOW
Five things to understand
The ratio is not a rate of return. It measures how fully expectations were met, and should be read together with the guaranteed element and the investment strategy.
What does a ratio of 100% mean?
It means the dividend actually paid that year matched the amount illustrated at the point of sale. Above 100% means it paid more than illustrated; below 100% means it paid less. This reflects that year only, and says nothing about future payouts.
How do annual dividends, reversionary bonuses and terminal bonuses differ?
- Annual dividend — declared each year; once declared it is usually guaranteed, and can be withdrawn or left to accumulate in the policy.
- Reversionary bonus — a British-style mechanism that rolls up by increasing the sum assured; normally only accessible on death or surrender.
- Terminal bonus — paid as a lump sum on surrender, death or maturity, and adjusted with market conditions, so it is relatively more volatile.
Why do ratios vary so much between plans?
It comes down to asset allocation, the year the plan was launched, the interest rate environment at the time, and how ambitious the original illustration assumptions were. The more ambitious the illustration, the harder it is to meet.
Can I compare ratios directly between insurers?
Only as a rough reference. Dividend types, calculation bases and disclosure conventions can differ. Compare the product structure and the weight of the guaranteed element at the same time.
Is a high ratio always good?
Not necessarily. If the illustration itself was conservative, a high ratio can still sit on top of a low actual return. Look at the guaranteed cash value and the overall internal rate of return (IRR) as well.