The Hindu·2 min read·medium

Canara HSBC Life Insurance Reports Strong Business Momentum, APE Up 19%, VNB rises by 29%

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Canara HSBC Life Insurance Reports Strong Business Momentum, APE Up 19%, VNB rises by 29%
AI Summary

Canara HSBC Life Insurance reported strong financial growth for Q1 FY27, with a 29% rise in the Value of New Business and a 19% increase in Annual Premium Equivalent. The company attributes this success to a diversified distribution model and strategic partnerships.

New Business Premium stood at ₹ 1,044 crore registering a growth of 25.2%

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