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Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. is a joint venture between two of India’s public sector banks – Canara Bank and Oriental Bank of Commerce (OBC) and the third partner HSBC Insurance (Asia-Pacific) Holdings Limited, which is basically an insurance arm of the international bank – HSBC (Hong Kong and Shanghai Banking Corporation). Canara Bank holds 51 per cent stake in the joint venture while HSBC Insurance and OBC own 26 per cent and 23 per cent respectively.
The insurer started its operation in 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.
Thursday, May 18, 2017 10:00 AM
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited announced their financial results for the financial year 2016-17
Tuesday, Feb 28, 2017 10:00 AM
Canara HSBC Oriental Bank of Commerce Life Insurance today expanded its online product suit with the launch of iSelect term plan meant for family protection.
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.