Sensitivity has to do with the magnitude of the input signal (measured in volts/millivolts) needed to achieve full rated output. The F2 requires a fairly hefty signal to reach full output compared with most amps.
This is probably a deliberate design choice. First, it is not so insensitive that the normal output of devices like a CD player would not be adequate. Many owners of extremely high efficiency speakers would welcome being able to crank the volume control past the 7 o'clock position and not have the smallest change in position correspond with huge volume change. The amp is designed for such applications. Also, it may well be the case that not building in "extra" (unneeded) gain in the input/driver stage would have sonic advantages.
I just happen to "need" a bit more gain because my current phono cartridge is quite low in output given the 60 db gain of my phonostage. I don't have noise issues, but, I am nearly out of volume control range when cranking up the volume.