Canara HSBC Life Q1 Premium Rises 24%

Canara HSBC Life Insurance Company had a good first quarter in FY27.

Their total money from premiums went up by 24% to ₹2,161 crore.

This growth came from both new policies and renewals.

The company made a profit of ₹28 crore, which is a bit more than last year.

They also saw an increase in the value of new business and assets under management.

However, their solvency ratio, which shows how financially stable they are, went down a little but is still above what the rules require.