Canara HSBC Life pays $27.1m bonus to policyholders

Around 233,000 PAR policyholders active as of 31 March are eligible.

Canara HSBC Life Insurance has announced a bonus of $27.1m (INR271 crore) for the 2025 to 2026 financial year, benefiting around 233,000 policyholders holding participating (PAR) policies as of 31 March 2026.

The insurer said the bonus represents an 8.31% increase from the previous year, supported by the company’s financial position and investment strategy.

The declared amount will be added to policy benefits and paid according to policy terms, including at maturity, surrender, or other benefit events.

All participating policies that were active as of March 31, 2026, are eligible for the bonus.

Anuj Mathur, managing director and CEO of Canara HSBC Life Insurance, said the bonus reflects the company’s focus on delivering long-term value to policyholders through sustainable growth and prudent investment management.

($1.00 = INR95.41)