Claims Paying Ability/Financial Strength Rating
'CARE AAA (In)' [Triple A (In)] Claims Paying Ability/Financial Strength Rating reflects that the company has highest financial strength to meet the policyholders' obligation, the impact of any adverse business and economic factor on the claims-paying ability of the company is minimal. Our better claim-paying ability is proven by consistently highest rating awarded to us by CARE, one of the well-know independent rating agency.
Rating Agency | Instrument | Rating | Rating Date |
|---|---|---|---|
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2018 |
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2017 |
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2016 |
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2015 |
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2014 |
| CARE Ratings | Claims Paying Ability/Financial Strength Rating | 'CARE AAA (In)' [Triple A (In)] | Oct' 2013 |
Note: Ratings for Canara HSBC Life Insurance Co. Ltd. are subject to regular revisions. For rating methodology, please refer to the respective agencies.