Canara HSBC Life Insurance H1 FY27: VNB ₹266 Cr, EV ₹7,622 Cr

Canara HSBC Life Insurance reported unaudited financial results for the half-year ended September 30, 2026. The company achieved a Value of New Business (VNB) of ₹266 crore, a 24% year-on-year growth, with a VNB margin of 21.3%. Embedded Value (EV) reached ₹7,622 crore, with an operating RoEV of 19.8%. New Business Premium grew by 16.1% to ₹1,984 crore, and Individual Weighted Premium Income (WPI) increased by 14.5% to ₹1,117 crore. The protection business saw significant growth of 44%, contributing 10.5% to the total APE. Assets Under Management (AUM) grew 14% to ₹50,200 crore. Profit After Tax (PAT) was ₹71.2 crore, up 10.8% year-on-year. The company also launched a new protection product, Promise2Secure, and was recognized as one of India's Best Workplaces for Women.