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China Life Insurance (Overseas) Company Ltd. -- Moody's affirms China Life's ratings; outlook stable

Moody's Investors Service has affirmed China Life Insurance Co Ltd's (China Life) A1 insurance financial strength rating (IFSR) and maintained its stable outlook. At the same time, Moody's has affirmed the A3(hyb) rating on the insurer's Core Tier 2 securities. China Life's A1 IFSR incorporates its a1 Baseline Credit Assessment (BCA), which reflects its strong brand, exceptional market position, strong capitalization and vast distribution network in the fast-growing Chinese insurance market.