New Business Premium stood at ₹ 1,044 crore registering a growth of 25.2%Individual weighted premium income (WPI) of ₹ 470 crore with a year-on-year growth of 17.8%Value of New Business (VNB) stood at ₹ 124 crore with a year-on-year growth of 28.8% and new business margin of 21.1%Protection business grew 41.5% year-on-year, with share of protection increasing to 13%NEW DELHI , July 20, 2026 /PRNewswire/ -- The Board of Directors of Canara HSBC Life Insurance Company Limited approved and adopted the unaudited financial results for the quarter ended June 30, 2026.In Q1 FY27, the Company delivered healthy growth across key business and profitability metrics. This performance reflects the strength of its diversified distribution model, robust execution across channels, and continued focus on driving profitable growth through a disciplined product mix.The quarter also saw continued investment in building future growth engines. The Company expanded its distribution footprint through strategic partnerships, including the collaboration with West Bengal Gramin Bank. It also continued to strengthen its customer proposition through solutions tailored to evolving protection, savings and retirement needs, while further deepening distribution capabilities across channels.Performance Highlights (Q1 FY27)