Canara HSBC Life Insurance posted strong 2026 results, driven by growth in protection products, partnerships, and favorable regulations.

Canara HSBC Life Insurance reported strong financial results for the first nine months of fiscal year 2026, with a 20.5% year-on-year rise in individual weighted premium income and a 22.3% increase in annualized premium equivalent. The company saw a 36.8% jump in value of new business, total premium income rose 31.6%, and assets under management grew 17.2%. Profit after tax increased 8.2%, while persistency ratios improved. Growth was driven by the protection segment, strategic partnerships like a bancassurance deal with Equitas Small Finance Bank, and new product launches. Supportive regulatory changes, including the Sabka Bima, Sabki Raksha Bill, 2025, enabling up to 100% FDI, also contributed to the positive performance.