PERFORMANCE FOR THE QUARTER ENDED DECEMBER 31, 2025
NEW DELHI, Jan. 22, 2026 /PRNewswire/ — The Board of Administrators of Canara HSBC Life Insurance coverage Firm Restricted (BSE: 544583) (NSE: CANHLIFE) accredited and adopted the unaudited monetary outcomes for the 9M ended December 31, 2025.
The Firm continued to ship stable efficiency throughout key monetary and working metrics through the third quarter of FY26, sustaining progress momentum in its first yr as a listed entity. Efficiency through the quarter was supported by a strong progress within the safety enterprise, continued enchancment in persistency metrics, product diversification, and centered initiatives to deepen buyer attain by strategic partnerships.
Efficiency Highlights (9M FY26)
Yr-on-Yr (YoY) progress Complete APE: ₹2,095 crore, with 22.3% YoY progress Worth of New Enterprise (VNB): ₹412.9 crore, with 36.8% YoY progress Complete Premium Earnings: ₹6,931.4 crore, with 31.6% YoY progress Property Beneath Administration (AUM): ₹46,888.8 crore, with 17.2% YoY progress Embedded Worth (EV): ₹6,867.8 crore, with working RoEV of 18.2% (on rolling 12 months foundation) Revenue After Tax (PAT): ₹91.9 crore, with 8.2% YoY progress Persistency Ratios: thirteenth month at 85.6%, 61st month at 59.2% Product Combine (on APE foundation): ULIP 61%, Non-Par Financial savings 13%, Non-Par Safety 7%, Par 5%, and Annuity 12% Complete Safety: Up by 126% YoY (Credit score Life Up 48% YoY; Particular person Safety Up 3X QoQ)
MD & CEO’s Assertion
Anuj Mathur, MD & CEO, Canara HSBC Life Insurance coverage, stated: “The quarter passed by represents vital strengthening of our enterprise momentum, underpinned by sustained progress throughout key efficiency metrics together with stronger persistency and accelerated protection-led progress supported by the latest GST reforms launched by the Authorities of India. As we construct scale, our focus stays on additional increasing safety protection pan India by a extra diversified channel combine, sharper product proposition and deeper engagement in India’s progress markets.
“It’s encouraging to see coverage intent additional translating into sensible enablers for adoption. The expansion momentum has been strengthened by the Sabka Bima, Sabki Raksha (Modification of Insurance coverage Legal guidelines) Invoice, 2025, which seeks to deepen protection and construct a extra enabling ecosystem by permitting as much as 100% FDI to spice up capital, functionality and competitors within the sector.
“Trying forward, we’ll keep anchored to delivering sustainable progress, strengthening partnerships, accelerating product innovation, and constructing capabilities that enhance buyer expertise and outcomes, so we are able to serve households higher as they put together for uncertainties of Life.”
In the course of the quarter, the Firm continued to sharpen its buyer proposition by product innovation and partnership-led attain. It launched Promise4Life, a collaborating, non-linked financial savings plan that mixes assured revenue, supported by sensible options similar to a Financial savings Pockets and Premium Offset for added flexibility.
On the distribution entrance, Canara HSBC Life entered right into a bancassurance partnership with Equitas Small Finance Financial institution, enabling wider entry to its product suite throughout 994 retailers in 18 states and UTs, with a powerful footprint in South and West India—furthering the shared agenda of insurance coverage inclusion.
* Persistency ratios as on December 31 for the insurance policies issued throughout Dec to Nov interval of the related years.
Definitions and abbreviations
About Canara HSBC Life Insurance coverage
Integrated in 2007, Canara HSBC Life Insurance coverage Firm Restricted is a three way partnership promoted by Canara Financial institution (36.5 per cent) and HSBC Insurance coverage (Asia Pacific) Holdings Restricted (25.5 per cent). Punjab Nationwide Financial institution can also be a shareholder of the Firm, holding 13% as an investor, whereas the remaining 25% is held by different public shareholders and different buyers. As a bancassurance-led insurance coverage firm with its company workplace at Gurugram, Haryana and greater than 100 department workplaces as of December 31, 2025, pan India, Canara HSBC Life brings collectively the belief and market information of private and non-private banks.
For greater than 17 years now, Canara HSBC Life Insurance coverage has offered insurance coverage merchandise to prospects by a number of channels and a well-diversified community of Canara Financial institution, HSBC Financial institution and its different bancassurance companions situated in a number of [Tier 1, 2 and 3] cities throughout the nation. Canara HSBC Life Insurance coverage has an enormous portfolio of life insurance coverage options and affords numerous merchandise throughout particular person and group areas comprising of life, time period plans, retirement options, credit score life and worker profit segments by companion banks and digital.
With an goal to supply less complicated insurance coverage and quicker declare course of, Canara HSBC Life Insurance coverage intends to maintain the guarantees of their prospects alive with their “Guarantees Ka Associate” philosophy.
Disclaimer
Apart from the historic info contained herein, statements on this launch which include phrases or phrases similar to “will,” “anticipated to,” and so forth., and comparable expressions or variations of such expressions could represent “forward-looking statements.” These forward-looking statements contain a number of dangers, uncertainties and different components that might trigger precise outcomes, alternatives and progress potential to vary materially from these urged by the forward-looking statements. These dangers and uncertainties embody, however will not be restricted to, the precise progress in demand for insurance coverage and different monetary services and products within the nations that we function or the place a cloth variety of our prospects reside, our potential to efficiently implement our technique, together with our use of the Web and different expertise, our exploration of merger and acquisition alternatives, our potential to combine mergers or acquisitions into our operations and handle the dangers related to such acquisitions to realize our strategic and monetary aims, our progress and enlargement in home and abroad markets, technological modifications, our potential to market new merchandise, the result of any authorized, tax or regulatory proceedings in India and in different jurisdictions we’re or turn into a celebration to, the longer term influence of recent accounting requirements, our potential to implement our dividend coverage, the influence of modifications in insurance coverage laws and different regulatory modifications in India and different jurisdictions on us. Canara HSBC Life Insurance coverage Firm Restricted undertakes no obligation to replace forward-looking statements to mirror occasions or circumstances after the date thereof. This launch doesn’t represent a proposal of securities.
“It is a firm press launch that’s not a part of editorial content material. No journalist of The Hindu businessline was concerned within the publication of this launch.”
Printed on January 23, 2026
