Canara HSBC Life Insurance Reports Strong Business Momentum, APE Up 19%, VNB rises by 29%
Jul 21, 2026
New Delhi [India], July 21: The Board of Directors of Canara HSBC Life Insurance Company Limited approved and adopted the unaudited financial results for the quarter ended June 30, 2026. New Business Premium stood at ₹ 1,044 crore registering a growth of 25.2%. Individual weighted premium income (WPI) of ₹ 470 crore with a year-on-year growth of 17.8%.Value of New Business (VNB) stood at ₹ 124 crore with a year-on-year growth of 28.8% and new business margin of 21.1%. Protection business grew 41.5% year-on-year, with share of protection increasing to 13%.