by AIP Online Bureau | Apr 29, 2025 | Indian News, Life, Regulation, Wealth Management/ Philanthropy
Canara HSBC Life Insurance Company is a joint venture promoted by state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group’s HSBC Insurance (Asia Pacific) Holdings, which holds 26 per cent. Punjab National Bank holds the rest of stakes and will...
by AIP Online Bureau | Jun 4, 2024 | Banking & Bancassurance, Indian News, Life, Regulation
PNB’s board in its meeting held today has accorded its approval for initiating the process of diluting 10 per cent stake of the bank in Canara HSBC Life Insurance Co Ltd, an associate company of the Bank, by listing the company in stock exchanges (BSE/NSE)...
by AIP Online Bureau | Mar 5, 2024 | Banking & Bancassurance, Briefs, Life
Canara HSBC Life Insurance Company Limited announces a new strategic partnership with Tripura Gramin Bank (TGB) to offer a range of life insurance products through TGB’s extensive branch network within the state. The collaboration marks a significant milestone,...
by AIP Online Bureau | Jun 29, 2023 | Indian News, Life
Indian embedded value of the company stood at Rs 4,272 crore, and the solvency margin at 252 per cent as of March 31, 2023 New Delhi: Canara HSBC Life Insurance on Thursday reported a nearly 9-fold increase in net profit at 91.2 crore during the 2022-23 financial...
by AIP Online Bureau | Aug 16, 2022 | Briefs, Life, Technology
Canara HSBC Life Insurance launched customer mobile App ‘Canara HSBC Life Insurance App’ available on android, iOS devices and web portal on the 75th Independence Day of India. Anuj Mathur, MD & CEO, Canara HSBC Life Insurance said, “The launch of the App will...
