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Canara HSBC Oriental Bank of Commerce Life Insurance

Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%), and Punjab National Bank (23%). The company brings together the trust and market knowledge of two big public sector banks in India i.e. Canara Bank and Punjab National Bank combined with the global insurance expertise of HSBC. Canara Bank holds a 51% stake in the joint venture while HSBC Insurance and PNB are 26% and 23% respectively. 

 

The insurer started its operation on June 16, 2008, after receiving regulatory approval from IRDAI. The Company has nearly 60 million customers and a robust network of over 8000+ branches of Canara Bank, HSBC, and Oriental Bank of Commerce across India. The latest Claim Settlement Ratio (CSR) of Canara HSBC Life for FY 2019-20 is 97.1%. (as per Canara HSBC OBC Company)

List of Plans

Key People

  • Mr. Anuj Mathur Chief Executive Officer
  • Mr. Deven Sangoi Chief Investment Officer
  • Mr. Akshay Dhand Appointed Actuary

News

  • Canara HSBC OBC Life Launches New Insurance Plan

    Tuesday, Aug 23, 2016 10:00 AM

    Canara HSBC Oriental Bank of Commerce Life Insurance has introduced a new unit-linked insurance product Secure Bhavishya to protect and meet an individual's future financial needs. It will help customers build-up a retirement fund which can be used to provide a steady post retirement income, a company statement said.

Contact Details

Registered Office Address

Canara HSBC Oriental Bank of Commerce Life Insurance
Unit No. 208, 2nd Floor, Kanchenjunga Building, 18 Barakhamba Road, New Delhi - 110001, India
1800-103-0003
   http://www.canarahsbclife.com
    customerservice@canarahsbclife.in
    1800-258-5899

Corporate Office Address

Canara HSBC Oriental Bank of Commerce Life Insurance
139 P, Sector 44, Gurgaon-122003, Haryana, India
1800-891-0003
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