Canara HSBC Life declares bonus for ninth consecutive year

<!DOCTYPE html><html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en" itemscope itemtype="http://schema.org/NewsArticle"><head><title> Canara HSBC Life declares bonus for ninth consecutive year - The Hindu BusinessLine </title><meta charset="utf-8"><meta http-equiv="X-UA-Compatible" content="IE=edge"><meta name="viewport" content="width=device-width,initial-scale=1"><meta name="title" content="Canara HSBC Life declares bonus for ninth consecutive year" /><meta name="description" content="The bonus amount is a 28 per cent increase over the bonus amount of the previous year" /><meta name="publish-date" content="2022-07-25T14:38:27+05:30"/><meta name="created-date" content="2022-07-25T14:38:27+05:30"/><meta name="modified-date" content="2022-07-25T14:38:28+05:30" /><meta property="article:published_time" content="2022-07-25T09:08:27.000Z"/><meta property="article:modified_time" content="2022-07-25T09:08:28Z"/><meta name="cXenseParse:articleid" content="65680936"/><meta name="cXenseParse:thg-articleid" content="65680936"/><meta name="cXenseParse:thg-articletype" content="storyline"/><meta property="al:android:url" content="https://www.thehindubusinessline.com/money-and-banking/canara-hsbc-life-declares-bonus-for-ninth-consecutive-year/article65680936.ece" /><meta property="article:section" content="Money & Banking"/><meta property="article:tag" content="Canara HSBC Life announces bonus"/><meta property="article:tag" content="Canara HSBC Life bonus of Rs 78 crore"/><meta property="article:tag" content="Canara HSBC Life"/><meta property="article:tag" content="Anuj Mathur, MD & CEO, Canara HSBC Life Insurance"/><meta property="article:author" content="K.R. 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Srivats"><meta name="keywords" content="Canara HSBC Life announces bonus,Canara HSBC Life bonus of Rs 78 crore,Canara HSBC Life,Anuj Mathur, MD & CEO, Canara HSBC Life Insurance"/><meta name="news_keywords" content="Canara HSBC Life announces bonus,Canara HSBC Life bonus of Rs 78 crore,Canara HSBC Life,Anuj Mathur, MD & CEO, Canara HSBC Life Insurance"/><meta name="robots" content="index, follow"/><meta name="robots" content="max-image-preview:large"><meta name="atdlayout" content="articlepage" /><meta name="twitter:title" content="Canara HSBC Life declares bonus for ninth consecutive year"><meta name="twitter:description" content="The bonus amount is a 28 per cent increase over the bonus amount of the previous year"><meta name="twitter:image" content="https://bl-i.thgim.com/public/incoming/o5ldi0/article65681016.ece/alternates/LANDSCAPE_1200/IMG_anuj_mathur-canara_H_2_1_JN9UKFVM.jpg"><meta name="cXenseParse:title" content="Canara HSBC Life declares bonus for ninth consecutive year" 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  23,907.25</h5> <p id="tdnifty" class="text-green">+ 557.35</p> </div><div class="sensex-data undefined"> <h5>CRUDEOIL   6,033.00</h5> <p id="tdnifty" class="text-green">+ 5.00</p> </div><div class="sensex-data undefined"> <h5>GOLD   77,685.00</h5> <p id="tdnifty" class="text-green">+ 69.00</p> </div><div class="sensex-data undefined"> <h5>SILVER   90,791.00</h5> <p id="tdnifty" class="text-green">+ 866.00</p> </div> </div> <div id="mob" class="sensex-ticker"> <div id="slideset1"> <div style="width:100%"> <div class="sensex-data width50imp"> <h5>SENSEX   79,117.11</h5> <p id="tdnifty" class="text-green">+ 1,961.32</p> </div><div class="sensex-data width50imp"> <h5>NIFTY   23,907.25</h5> <p id="tdnifty" class="text-green">+ 557.35</p> </div> </div> <div style="width:100%"> <div class="sensex-data width50imp"> <h5>NIFTY   23,907.25</h5> <p id="tdnifty" class="text-green">+ 557.35</p> </div><div class="sensex-data width50imp"> <h5>CRUDEOIL   6,033.00</h5> <p id="tdnifty" class="text-green">+ 5.00</p> </div> </div> <div style="width:100%"> <div class="sensex-data width50imp"> <h5>CRUDEOIL   6,033.00</h5> <p id="tdnifty" class="text-green">+ 5.00</p> </div><div class="sensex-data width50imp"> <h5>GOLD   77,685.00</h5> <p id="tdnifty" class="text-green">+ 69.00</p> </div> </div> </div> </div> </div> </div> </div> </section> <script type="text/javascript"> setInterval(refershTickerData, 120000, 'https://cmpapi-prod.businessline.in/cmots/ticker/samecodebase/'); function refershTickerData(api) { const options = { timeZone: 'Asia/Kolkata', hour12: false }; const currentTime = new Date().toLocaleString('en-IN', options); // Extracting the hours and minutes in IST const currentHour = parseInt(currentTime.split(', ')[1].split(':')[0], 10); const currentMinute = parseInt(currentTime.split(', ')[1].split(':')[1], 10); // Indian time check: 9:16 AM to 4:00 PM if ((currentHour > 9 || (currentHour === 9 && currentMinute >= 16)) && currentHour < 16) { refersh(api); // 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.header-search #newspop, input#newsd').click(function () { window.location.href = '/search/'; }); }); </script><link rel="stylesheet" href="https://assetsbl.thehindubusinessline.com/theme/css/BLRX/BL-article-page.min.css?ver=1732189169" as="style"><section class="bl-article-section"><div class="d-none d-sm-block d-lg-block d-xl-block"></div><div class="container"><div class="row"><div class="col-xl-9 col-lg-8 col-md-7 col-sm-7 col-12 xs-reverse"><div class="articlepage element bigger bl-news-section main-element no-border storyline"><nav aria-label="breadcrumb"><ol class="breadcrumb" itemscope="" itemtype="https://schema.org/BreadcrumbList"><li class="breadcrumb-item " itemprop="itemListElement" itemscope="" itemtype="https://schema.org/ListItem"><a href="https://www.thehindubusinessline.com/" itemtype="https://schema.org/Thing" itemprop="item"> Home </a><meta itemprop="name" content="Home "><meta itemprop="position" content="1"></li><li class="breadcrumb-item active" itemprop="itemListElement" itemscope="" itemtype="https://schema.org/ListItem"><a href="https://www.thehindubusinessline.com/money-and-banking/" itemtype="https://schema.org/Thing" itemprop="item"> Money & Banking </a><meta itemprop="name" content="Money & Banking"><meta itemprop="position" content="2"></li></ol></nav><div class="d-none d-sm-block d-lg-block d-xl-block artinrstl-ad"><div id='div-gpt-ad-1724225175168-0' class='dfp-ad no-text' style=''><script>if(getStorage('/22390678/BL_Desktop_Interstitial') == 1) {if (isDeviceEnabled("large")) { googletag.cmd.push(function() { googletag.defineSlot('/22390678/BL_Desktop_Interstitial', [1, 1], 'div-gpt-ad-1724225175168-0').addService(googletag.pubads()); }); }userIdentify.then(function() {if(isDeviceEnabled("large") && isNonSubcribedUser()) {googletag.cmd.push(function() { googletag.display('div-gpt-ad-1724225175168-0'); }); } });} else{ setStorage('/22390678/BL_Desktop_Interstitial',1,1) }</script></div></div><div class="d-block d-sm-none artinrstl-ad"><div id='div-gpt-ad-1724225367205-0' class='dfp-ad no-text' style=''><script>if(getStorage('/22390678/BL_MWeb_Interstitial') == 1) {if (isDeviceEnabled("small")) { googletag.cmd.push(function() { googletag.defineSlot('/22390678/BL_MWeb_Interstitial', [1, 1], 'div-gpt-ad-1724225367205-0').addService(googletag.pubads()); }); }userIdentify.then(function() {if(isDeviceEnabled("small") && isNonSubcribedUser()) {googletag.cmd.push(function() { googletag.display('div-gpt-ad-1724225367205-0'); }); } });} else{ setStorage('/22390678/BL_MWeb_Interstitial',1,1) }</script></div></div><div class="w-two-thirds-l cl"><div class="title mt-0"><h1> Canara HSBC Life declares bonus for ninth consecutive year </h1></div></div><div class="bl-by-line">Updated - July 25, 2022 at 02:38 PM. </div><h2 class="bl-sub-text">The bonus is a 28 per cent increase over the bonus amount of the previous year</h2><div class="author"><div class="author-name"><p class="author-name-title"><a href="https://www.thehindubusinessline.com/profile/author/K-R--Srivats-10014/">By <span class="caps">K.R. Srivats</span></a></p></div></div><div class="share-article-section"><p class="comments"><img class="comment-img" src="https://assetsbl.thehindubusinessline.com/theme/images/bl-online/comment-icon.svg" alt="comment" width="19" height="19"/><span class="coral-count" data-coral-url="https://www.thehindubusinessline.com/money-and-banking/canara-hsbc-life-declares-bonus-for-ninth-consecutive-year/article65680936.ece" data-coral-id="65680936" data-coral-notext="true"></span> Comments </p><div class="share-page" data-title="Canara HSBC Life declares bonus for ninth consecutive year" data-url="https://www.thehindubusinessline.com/money-and-banking/canara-hsbc-life-declares-bonus-for-ninth-consecutive-year/article65680936.ece"><div class="share-text share-click1 nativeshare" ><span class="red-text-color"></span> Share </div><ul class="share-list" style="display: none;"><li class="copy-link" id="copyText" 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media="(min-width: 1600px)" sizes="960px" srcset="https://bl-i.thgim.com/public/incoming/o5ldi0/article65681016.ece/alternates/LANDSCAPE_1200/IMG_anuj_mathur-canara_H_2_1_JN9UKFVM.jpg" /><source media="(min-width: 768px) and (max-width: 1599px)" sizes="640px" srcset="https://bl-i.thgim.com/public/incoming/o5ldi0/article65681016.ece/alternates/LANDSCAPE_1200/IMG_anuj_mathur-canara_H_2_1_JN9UKFVM.jpg" /><source media="(min-width: 321px) and (max-width: 767px)" sizes="400px" srcset="https://bl-i.thgim.com/public/incoming/o5ldi0/article65681016.ece/alternates/LANDSCAPE_660/IMG_anuj_mathur-canara_H_2_1_JN9UKFVM.jpg" /><source media="(max-width: 320px)" sizes="320px" srcset="https://bl-i.thgim.com/public/incoming/o5ldi0/article65681016.ece/alternates/LANDSCAPE_320/IMG_anuj_mathur-canara_H_2_1_JN9UKFVM.jpg" /><img src="/theme/images/th-online/1x1_spacer.png" alt="Anuj Mathur, MD & CEO, Canara HSBC Life Insurance" title="Anuj Mathur, MD & CEO, Canara HSBC Life Insurance" data-original="/theme/images/th-online/1x1_spacer.png" class="article-pictue" fetchpriority="high" /></picture></div><span class="bg-text-light"> Anuj Mathur, MD & CEO, Canara HSBC Life Insurance | Photo Credit: Venkatesan R </span></div></div><div id="ControlPara" class="contentbody verticle-content" ><div id="content-body-65680936" itemprop="articleBody" class=" col-md-12 bl-news-section-split"><p>Canara HSBC Life Insurance has declared a bonus amounting to ₹78 crore for all its eligible policyholders for the financial year 2021-2022. This is the ninth consecutive year when the life insurer has declared bonus on participating products.</p><p>The latest bonus reflects a 28 per cent increase over the bonus amount of the previous year.</p><p>Anuj Mathur, MD & CEO, Canara HSBC Life Insurance, said, “We are elated to announce the annual bonus for our customers and pleased that we are progressing each year in fulfilling the promises made to our customers. Our customers are testimony of our growth journey and our commitment towards their financial goals is unparalleled.”</p><p>Strong fund management and robust risk management practices have enabled the company to consistently reward participating policyholders with a higher bonus, he added. The annual bonus declaration reflects the company’s ability to successfully deliver on promises made to the policyholder.</p><div id="tag-related"></div><p>Canara HSBC Life Insurance rebranded and renamed itself recently, and came out with a new tagline. Mathur told <i>BusinessLine </i>that the life insurer is looking to double its penetration in the customer base of its promoter shareholder Canara Bank to 3 per cent over the next two years.</p><div class="also-read-sticky"></div><p>The life insurer is also looking to set up nearly 50 standalone branches (besides the 10,000 branches of its shareholder banks) in the next few months, taking its overall network to 103 from 54 now.</p><div class="article-ad two-side text-ad"></div><div id="paywallbox"></div><div class="share-article-section second-article-share share-article-section-mobile"><p class="comments"><img class="lazy comment-img" src="https://assetsbl.thehindubusinessline.com/theme/images/bl-online/1x1_spacer.png" data-src-template="https://assetsbl.thehindubusinessline.com/theme/images/bl-online/comment-icon.svg" alt="comment" width="19" height="19"/><span class="coral-count" 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}]) else window.location.replace(res.data.redirect_uri) }) .catch(err => console.error("Error: ", err)); } function getHeaders() { return { "Accept": "application/json, text/plain, */*", "Authorization": "Basic dGhlaGluZHU6a251cl9DSC1BNVBZVSU4Vw==", "Content-Type": "application/json", } } </script><script> window.tp.push([ "init", function () { if (window.tp.pianoId.isUserValid()) loadScript("https://assetsbl.thehindubusinessline.com/theme/js/vue-petite.min.js?ver=1732189002") } ]) </script><style> .link a { color: white !important; } .device-info { margin-right: 4px; } .popup-background { background: rgba(0, 0, 0, 0.4); position: fixed; width: 100%; height: 100%; top: 0; left: 0; display: flex; align-items: center; justify-content: center; z-index: 99999; } [v-cloak] { display: none; } .popup { width: 100%; max-width: 800px; height: auto; background: #000000; padding: 50px 100px 50px 150px; color: #ffffff; position: relative; } .popup .popup-close { color: white; border: none; background: none; padding: 0; margin: 0; position: absolute; top: 10px; right: 10px; font-size: 20px; font-weight: 200; line-height: 20px; } .popup .title { font-family: "Merriweather", serif; font-size: 18px; line-height: normal; text-align: left; display: flex; align-items: center; position: relative; min-height: 50px; } .popup .title::before { content: ""; width: 50px; height: 50px; /* background: url("../../public/icons/h-circle-white.svg") no-repeat center; */ background-size: 50px 50px; display: block; position: absolute; left: -65px; } .popup .sub-text { font-family: "Merriweather", serif; font-size: 18px; line-height: normal; margin: 15px 0; } .popup .popup-btn { background-color: #ffffff !important; color: #000000 !important; font-weight: bold; width: max-content; min-width: 130px; height: 34px; text-align: center; box-sizing: border-box; border-radius: 4px; border: none; cursor: pointer; font-size: 12px; padding: 9px 10px 13px 20px; text-transform: uppercase; margin: 25px auto; display: block; font-family: "Merriweather Sans", sans-serif; transition: all 0.3s; } .popup .popup-btn:focus { box-shadow: none; outline: none; } .popup .popup-btn:after { content: "→"; position: relative; opacity: 0; top: -1px; right: 15%; transition: 0.3s; } .popup .popup-btn:hover { padding-right: 20px; padding-left: 10px; color: #000000; text-decoration: none; outline: none; } .popup .popup-btn:hover::after { opacity: 1; right: -8px; } .popup .device-list { list-style: none; margin: 0; padding: 0; } .popup .device-list li { width: 100%; padding: 10px 0; display: flex; justify-content: space-between; align-items: center; } .popup .device-list li > div { display: flex; justify-content: left; align-items: flex-start; } .popup .device-list li .s-no { font-family: "Merriweather Sans", sans-serif; font-size: 16px; text-align: right; width: 10px; } .popup .device-list li .icon { content: ""; width: 20px; height: 20px; /* background: url("../../public/icons/profile-white.svg") no-repeat center; */ background-size: 20px 20px; display: block; margin: 4px 10px 0; } .popup .device-list li .device { font-family: "Merriweather Sans", sans-serif; font-size: 16px; text-align: left; line-height: normal; } .popup .device-list li .device span { display: block; font-family: inherit; } .popup .device-list li .popup-btn { margin: 0; } .popup p.link { font-family: "Merriweather Sans", sans-serif; font-weight: 200; text-align: center; font-size: 14px; margin: 20px auto 0; } .popup p.link a { font-weight: inherit; font-family: inherit; text-decoration: underline; text-underline-offset: 3px; transition: all 0.3s; } .popup p.link a:hover { text-decoration: none; } .popup p.link span { color: #555555; font-size: 18px; line-height: 0; position: relative; top: 3px; } @media screen and(max-width: 700px) { .popup { padding: 40px 40px 40px 90px; } } @media screen and(max-width: 570px) { .popup { width: 100%; max-width: 100%; padding: 35px 25px; } .popup .popup-close { font-size: 17px; line-height: 17px; } .popup .title { font-size: 14px; min-height: auto; padding-left: 60px; margin-bottom: 25px; line-height: 24px; } .popup .title::before { left: 0; } .popup .sub-text { font-size: 14px; margin: 15px 0; line-height: 24px; } .popup .popup-btn { /* width: 80px; */ height: 30px; font-size: 10px; padding: 9px 0 13px 10px; margin: 15px auto; } .popup .popup-btn:hover { padding-right: 10px; padding-left: 0; } .popup .device-list { list-style: none; margin: 0; padding: 0; } .popup .device-list li { padding: 7px 0; } .popup .device-list li .s-no { font-size: 13px; width: 5px; } .popup .device-list li .icon { width: 15px; height: 15px; background-size: 15px 15px; margin: 2px 7px 0; } .popup .device-list li .device { font-size: 12px; font-weight: normal; } .popup p.link { font-size: 12px; margin: 15px auto 0; } .popup p.link a { text-underline-offset: 2px; } .popup p.link span { color: #555555; font-size: 18px; line-height: 0; position: relative; top: 3px; } } </style><div class="popup-background" id="user-session-popup" v-show="store.session_limit_exceeded === true" v-scope v-cloak><div class="popup" style="padding: 25px;"><button class="popup-close" onclick="window.tp.pianoId.logout()">✕</button><div class="title">Looks like you are already logged in from more than 3 devices!</div><div class="sub-text">To continue logging in, remove at least one device from the below list</div><ul class="device-list"><li v-for="device_detail, index in store.device_info" :key="index"><div class="device-info" v-scope="DeviceInfoComponent({index, ...device_detail})"></div><button class="btn popup-btn" @click="sendDeleteRequest([device_detail.payload], 'single')">Log out</button></li></ul><button class="btn popup-btn" @click="sendDeleteRequest(store.device_info.map(di => di.payload), 'all')">Log Out from all devices</button><p class="link"><a href="https://www.thehindugroup.com/privacy.html" target="_blank">Terms & conditions</a><span>  |  </span><a href="https://forms.office.com/r/tz7UETzxUs" target="_blank">Institutional Subscriber</a></p></div></div><template id="device-info"><span class="s-no">${ ind + 1 }</span><span class="icon"></span><span class="device"> ${ device }<span class="duration">Last active - ${ la }</span></span></template><script>const us_api_domain = "/";</script><script src="https://assetsbl.thehindubusinessline.com/theme/js/user_session.min.js?ver=1732189189"></script></body></html>

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