Gurugram-based Canara HSBC Life Insurance plans to focus on expanding its protection and term business, improving cost efficiency, and diversifying its distribution channels to sustain growth in the coming years.

The company expects its Weighted Premium Income (WPI) to grow by 18–19% in FY26, with Value of New Business (VNB) margins holding steady around 19–20%, despite near-term effects from GST changes.

Anuj Mathur, Managing Director and Chief Executive Officer of Canara HSBC Life Insurance , said the insurer has been growing faster than the industry. “Our WPI growth has been around 14% in the first half of the year, higher than the industry average. For the second half, we expect growth in the range of 18–19%. Our VNB will remain steady, and despite a short-term impact from GST, the

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