Canara HSBC Life Insurance Company Ltd
Canara HSBC | 544583
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About Company
- Canara HSBC Life Insurance Company Limited, a joint venture between Canara Bank (51%), HSBC Insurance (Asia-Pacific) Holdings Limited (26%) and Oriental Bank of Commerce (23%) was incorporated on September 25, 2007 as Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited', a Public Limited Company and received a Certificate of Commencement of Business dated January 28, 2008 from the Assistant Registrar of Companies, Karnataka
- The name of the Company was changed to Canara HSBC Life Insurance Company Limited' after Oriental Bank of Commerce ceased to be in existence pursuant to the Scheme of Amalgamation of Oriental Bank of Commerce with PNB, which became effective from April 1, 2020 and a fresh Certificate of Incorporation, consequent upon change of name, was issued to the Company by the RoC on June 15, 2022
- Company was incorporated in 2007 and is promoted by Canara Bank, which holds a 51% stake, and HSBC Insurance (Asia-Pacific) Holdings Limited, which holds a 26% stake as of October 14, 2025
- The Company is a private life insurer in India and promoted by Canara Bank, which ranks as the fourth largest public sector bank by total assets in India as of March 31, 2025 and HSBC Insurance (Asia-Pacific) Holdings Limited, a member of The Hongkong and Shanghai Banking Corporation Limited (HSBC) group, whose global reputation as a financial institution adds credibility and brand value
- The Company offer a comprehensive range of life insurance products tailored for both individual and group i
- , companies, businesses or organizations customers
- The services include saving and endowment plans, term (pure protection) plans, retirement solutions, group credit life and protection plans and the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
- These products have comprehensive protection, guaranteed income and market-linked growth features
- These products deliver options like multiple payout choices, investment management flexibility and to customize through a breadth of plan and fund, including limited pay annuity plans and over ten fund choices in unit-linked products
- The Company has grown into a prominent bank led private player in the Indian life insurance sector as it rank second amongst public sector bank led life insurers in India based on the number of lives covered for the FY2024
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Frequently Asked Questions
What is Share Price of Canara HSBC Life Insurance Company Ltd?
The current share price of Canara HSBC Life Insurance Company Ltd (Canara HSBC) is ₹120.44. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Canara HSBC Life Insurance Company Ltd?
Canara HSBC Life Insurance Company Ltd has a 52-week high of ₹128.20 and a 52-week low of ₹106.00. This range shows the stock's price volatility over the past year.
What is the ROE of Canara HSBC Life Insurance Company Ltd?
Canara HSBC Life Insurance Company Ltd has a Return on Equity (ROE) of 7.97%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
