6-K

Commission File Number 001-31914
 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

November 9, 2011

China Life Insurance Company Limited

(Translation of registrant’s name into English)

16 Financial Street
Xicheng District
Beijing 100033, China
Tel: (86-10) 6363-3333
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F þ            Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes o            No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-                    

Commission File Number 001-31914

China Life Insurance Company Limited issued an announcement on November 9, 2011, a copy of which is attached as Exhibit 99.1 hereto.

EXHIBIT LIST

Exhibit		Description
	99.1	Announcement, dated November 9, 2011

Commission File Number 001-31914

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		China Life Insurance Company Limited
		(Registrant)
	By:	/s/ Wan Feng
		(Signature)
November 9, 2011	Name:	Wan Feng
	Title:	President and Executive Director

EX-99.1

Commission File Number 001-31914

EXHIBIT 99.1

(A joint stock limited company incorporated in the People’s Republic of China with limited liability)
(the “Company”)
(Stock Code: 2628)

ANNOUNCEMENT OF THE COMPLETION OF ISSUANCE OF
SUBORDINATED TERM DEBTS

Reference is made to the announcement of China Life Insurance Company Limited (the “Company”) dated 24 October 2011.

With the approval from China Insurance Regulatory Commission, the Company has completed the issuance of RMB30 billion subordinated term debts to qualified investors who meet the relevant regulatory requirements (the “Issuance”).

The total principal amount of the Issuance is RMB30 billion, with a maturity term of 10 years. The coupon rate per annum is 5.50% for the first five years. The Company has the right to redeem the subordinated term debts at the end of the fifth year. If the Company does not exercise the redemption right, the coupon rate per annum will be 7.50% for the last five years.

The proceeds from the Issuance will be used to replenish the Company’s supplementary capital and raise the solvency ratio according to applicable laws and approvals from regulatory authorities.

By Order of the Board of

China Life Insurance Company Limited

Heng Kwoo Seng

Company Secretary

Hong Kong, 9 November 2011

As at the date of this announcement, the Board comprises:

Executive Directors:	Yuan Li, Wan Feng, Lin Dairen, Liu Yingqi
Non-executive Directors:	Miao Jianmin, Shi Guoqing, Zhuang Zuojin
Independent Non-executive Directors:	Ma Yongwei, Sun Changji, Bruce Douglas Moore, Anthony Francis Neoh