Current Rating
Rating FAQ
Long-term  :   twAA
Short-term  :   --
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2021/05/26 twAA Stable --
2020/05/08 twAA Negative --
2019/07/30 twAA Stable --
2017/10/13 twAA Negative --
2017/07/13 twAA Watch Neg --
2015/07/30 twAA Negative --
2013/06/19 twAA Stable --
2012/07/23 twAA- Stable --
2012/02/03 NR -- --
2011/05/30 twAA- Stable --
Research Analysis
Publish Date Subject
2024/08/27 Research Update: KGI Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Stable
2024/08/12 Media Release: KGI Life's Upcoming Series 113-1 Unsecured Subordinated Corporate Bond Rated 'twAA-'
2024/07/30 Research Update: KGI Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Stable
2024/03/13 Media Release: KGI Life Insurance Co. Ltd. 'twAA' Ratings Affirmed On Revised Capital Model Criteria; Outlook Remains Stable
2023/07/27 Research Update: China Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Stable
2023/06/15 Media Release: China Life's Upcoming Series 112-1 Unsecured Subordinated Debentures Rated 'twAA-'
2022/07/27 Media Release: China Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Stable
2021/07/23 Research Update: China Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Stable
2021/05/26 Media Release: Outlook On China Life Insurance Co. Ltd. Revised To Stable From Negative On Enhanced Capital Buffer; 'twAA' Ratings Affirmed
2020/12/04 Media Release: China Development Financial Holding Corp., Subsidiaries Outlook Revised To Positive On Proposed Acquisition; Ratings Affirmed
2020/07/23 Research Update: China Life Insurance Co. Ltd. Ratings Affirmed At 'twAA'; Outlook Negative
Last 5 Years Issue Rating History
Series Amount
(Million)
Issue Date Maturity Date
Coupon Rate
(%)
Rating Rating Date
113-1/A   5,960 2024/09/13 2034/09/13 3.75 twAA-  2024/08/12
112-1/   10,000 2023/07/25 2033/07/25 3.75 twAA-  2023/06/15
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.