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
2021/03/24 twAA+ Stable --
2020/04/29 twAA+ Negative --
2015/06/22 twAA+ Stable --
2015/03/25 twAA+ Watch Neg --
2013/05/29 twAA+ Stable --
2012/08/24 twAA+ Negative --
2009/04/29 twAA+ Stable --
2009/01/21 twAAA Watch Neg --
2002/04/09 twAAA Stable --
Research Analysis
Publish Date Subject
2024/09/25 Research Update: Cathay Life Insurance Co. Ltd. Ratings Affirmed At 'twAA+'; Outlook Stable
2024/05/29 Research Update: Cathay Life Insurance Co. Ltd. Ratings Affirmed At 'twAA+'; Outlook Stable
2024/03/13 Media Release: Cathay Life Insurance Co. Ltd.'s Upcoming Series 113-1 Unsecured Subordinated Corporate Bond Rated 'twAA'
2024/02/06 Media Release: Cathay Life Insurance And Cathay Financial Holding Ratings Affirmed On Revised Capital Model Criteria; Outlook Stable
2023/09/19 Research Update: Cathay Life Insurance Co. Ltd. Ratings Affirmed At 'twAA+'; Outlook Stable
2023/06/30 Media Release: Cathay Life Insurance Co. Ltd.'s Upcoming Series 112-1 Unsecured Subordinated Corporate Bond Rated 'twAA'
2022/09/21 Research Update: Cathay Life Insurance Co. Ltd. Ratings Affirmed At 'twAA+'; Outlook Stable
2021/09/28 Research Update: Cathay Life Insurance Co. Ltd. Ratings Affirmed At 'twAA+'; Outlook Stable
2021/03/24 Media Release: Outlook On Cathay Group Units Revised To Stable From Negative On Restored Capital; Ratings Affirmed
2020/09/15 Research Update: Cathay 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   32,350 2024/04/24 2034/04/24 3.70 twAA  2024/03/13
113-1/B   11,650 2024/04/24 2039/04/24 3.85 twAA  2024/03/13
112-1/A   17,600 2023/08/01 2033/08/01 3.7 twAA  2023/06/30
112-1/B   7,500 2023/08/01 2038/08/01 3.85 twAA  2023/06/30
*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.