The following statement was released by the rating agency) HONG KONG, September 30 (Fitch) Fitch Ratings has affirmed China Life Insurance Company Limited’s (China Life) Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating at ‘A+’. The Outlook is Stable. Fitch has also affirmed the rating of China Life’s USD1.28bn 4% subordinated notes due 2075 (which may be extended) at ‘A-‘. KEY RATING DRIVERS The rating affirmation reflects China Life’s well-established franchise,
[SOURCE:-Reuters]
