Canara HSBC Life Insurance Closes FY26 with 19% WPI Growth; Gross Premium Crosses ₹10,000 Crore

About this update from Canara Hsbc Life Insurance Company Limited

[{"type":"text","content":"Delivers one of the highest WPI growth amongst top 10 life insurers ","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"Advances to 9th rank among private insurers based on WPI premium","length":64,"tagName":"p","attribs":{}},{"type":"text","content":"Individual Weighted Premium Income (WPI) of ₹2,593 crore, with 19% year–on–year growth, higher than industry and private–sector peers","length":138,"tagName":"p","attribs":{}},{"type":"text","content":"Value of New Business (VNB) at ₹627 crore, with 41% year–on–year growth and VNB Margin of 22.4%, reflecting an improvement over the previous year","length":145,"tagName":"p","attribs":{}},{"type":"text","content":"Protection business grew 115% year–on–year, with share of protection increasing to 7%","length":85,"tagName":"p","attribs":{}},{"type":"text","content":"Records its best-ever claims settlement ratio at 99.6%","length":54,"tagName":"p","attribs":{}},{"type":"text","content":"NEW DELHI, April 28, 2026 /PRNewswire/ -- The Board of Directors of Canara HSBC Life Insurance Company Limited approved the audited financial results for the full year ended March 31, 2026.","length":194,"tagName":"p"},{"type":"image","alt":"Canara HSBC Life Insurance Logo (PRNewsfoto/Canara HSBC Life Insurance)","displaySize":"","headline":null,"caption":"Canara HSBC Life Insurance Logo (PRNewsfoto/Canara HSBC Life Insurance)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":158,"url":"https://media.zenfs.com/en/prnewswire.com/894dff183863e3fcfd95d286e9469014"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ajulZLRn58eSjMH0y3A4dQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3OA--/https://media.zenfs.com/en/prnewswire.com/894dff183863e3fcfd95d286e9469014","width":400,"height":158}},"href":"https://mma.prnewswire.com/media/2739906/Canara_HSBC_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company delivered broad–based performance improvement across key financial and operating metrics in FY26, with growth in Individual WPI outpacing both industry and private–sector peers. Among the top 10 life insurers, the Company recorded one of the highest WPI growth in FY26, underscoring the strength of its execution and distribution strategy.","length":351,"tagName":"p"},{"type":"text","content":"Performance during the year was f...

More updates from Canara Hsbc Life Insurance Company Limited