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Canara HSBC Life Insurance Company Ltd Q3 FY26 Results

CANHLIFEQ3 FY26 Results
Filing
MetricValue ( Cr)vs Q2 FY26
Revenue129.4981.6%
Total Income129.4981.6%
Expenditure98.65279.0%
PBT30.8431.9%
Net Profit27.6532.3%
OPM23.82%39.67pp
NPM21.35%35.90pp
EPS0.2932.6%
View full financials

Canara HSBC Life Insurance Delivers Robust 9M FY26 Results with 20.5% YoY Growth in Individual Weighted Premium Income

21 Jan 2026 · 21 Jan, 5:46 pm

Summary

Canara HSBC Life Insurance Company Limited has reported a 20.5% Year-on-Year growth in Individual Weighted Premium Income for the nine months ended 31st December 2025. The Value of New Business stood at 412.9 crore with a year-on-year growth of 36.8% and new business margin of 19.7%. The protection business grew at 126% year-on-year, driven by stronger demand backed by GST-led affordability tailwinds and growth in credit life business. 13Month Persistency at 85.6% marks an uplift, reflecting disciplined customer engagement.

Key Highlights

  1. 1

    Individual weighted premium income of 1,915.3 crore with a year-on-year growth of 20.5%

  2. 2

    Value of New Business (VNB) stood at 412.9 crore with a year-on-year growth of 36.8% and new business margin of 19.7%

  3. 3

    Protection business grew at 126% year-on-year

  4. 4

    13Month Persistency at 85.6% marks an uplift

Management Comments

A

Anuj Mathur

The quarter gone by represents significant strengthening of our business momentum, underpinned by sustained growth across key performance metrics including stronger persistency and accelerated protection-led growth supported by the recent GST reforms introduced by the Government of India. As we build scale, our focus remains on further expanding protection coverage pan India through a more diversified channel mix, sharper product proposition and deeper engagement in India’s growth markets. It is encouraging to see policy intent further translating into practical enablers for adoption. The growth momentum has been reinforced by the Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which seeks to deepen coverage and build a more enabling ecosystem by allowing up to 100% FDI to boost capital, capability and competition in the sector. <é\ Canara <>) Hsec LIFE INSURANCE Looking ahead, we will stay anchored to delivering sustainable growth, strengthening partnerships, accelerating product innovation, and building capabilities that improve customer experience and outcomes, so we can serve families better as they prepare for uncertainties of Life.

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