The Hindu·3 min read·medium
Canara HSBC Life Insurance Reports Strong Business Momentum, APE Up 19%, VNB rises by 29%
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✦AI Summary
Canara HSBC Life Insurance reported strong financial growth for Q1 FY27, with a 19% increase in Annual Premium Equivalent and a 29% rise in the Value of New Business. The company attributes this success to a diversified distribution model and strategic banking partnerships.
New Business Premium stood at ₹ 1,044 crore registering a growth of 25.2%
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