Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (51 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent). Punjab National Bank is also a shareholder of the Company, holding 23% as an investor. As a bancassurance led insurance company with its corporate office at Gurugram, Haryana and more than 100 branch offices as of March 31, 2025, pan India, Canara HSBC Life brings together the trust and market knowledge of public and private banks.
For more than 15 years now, Canara HSBC Life Insurance sells and services customers through multiple channels and well-diversified network of Canara Bank and HSBC located in multiple [Tier 1, 2 and 3] cities across the country. Canara HSBC Life Insurance has a vast portfolio of life insurance solutions and offers various products across individual and group space comprising of life, health, term plans, retirement solutions, credit life and employee benefit segments through partner banks, digital, and direct field force.
With an aim to provide simpler insurance and faster claim process, Canara HSBC Life Insurance intends to keep the promises of their customers alive with their âPromises Ka Partnerâ philosophy.
Fast Facts about the company
MD and CEO â Mr. Anuj Mathur
Shareholders/ Promoters - Canara Bank: 51% and HSBC: 26%
Shareholder/ Investor â Punjab National Bank: 23%
Products â Online Term Plans, Term Insurance Plans, Savings Plans, Retirement Solutions and Child Insurance Plans
Social media handles
Facebook - https: //www.facebook.com/CanaraHSBCLifeInsurance
Instagram - https: //www.instagram.com/canarahsbcobc/
Twitter - https: //twitter.com/CanaraHSBCLI
LinkedIn - https: //www.linkedin.com/company/canara-hsbc-life-insurance-company/
YouTube - https: //www.youtube.com/c/CanaraHSBCLifeInsurance