New Delhi, Oct. 9 -- Canara HSBC Life Insurance IPO opens for subscription on tomorrow (Friday, October 9). Canara HSBC Life Insurance, founded in 2007, has risen to become the third-largest life insurance provider among public sector banks in India. As of June 2025, the company announced assets under management amounting to Rs.43,639.5 crore, representing a 6% rise from Rs.41,166.4 crore reported in March 2025.

In terms of financial results, Canara HSBC faces competition from other listed insurers such as SBI Life Insurance, HDFC Life Insurance, and ICICI Prudential Life Insurance.

For the quarter ending in June 2025, the company achieved a profit of Rs.23.4 crore, reflecting a growth of 25.2% compared to Rs.18.7 crore during the same ...