Canara HSBC Life Insurance Company (CANHLIFE) Q4 24/25 earnings summary

Executive summary

• FY25 delivered 28% growth in Individual Weighted Premium Income (WPI), continued profitability, 206% solvency and Indian Embedded Value (IEV) of ₹6,111 crore, up 18% YoY.

• More than 82 lakh lives were covered; overall claim settlement was 99.38% and 13th-month persistency reached 82.5%.

Financial highlights

• Total premium income rose to ₹8,027 crore from ₹7,129 crore; renewal premiums were ₹4,906 crore versus ₹4,228 crore.

• PBT was ₹128 crore versus ₹124 crore; PAT was ₹117 crore versus ₹113 crore; net worth reached ₹1,517 crore versus ₹1,419 crore.

• AUM increased 10% YoY to ₹41,166 crore; IEV reached ₹6,110.74 crore, up 18% YoY.

• Individual WPI was ₹2,179 crore, up 28%; 194,121 individual policies were issued versus 184,726 in FY24.

Outlook and guidance

• FY26 priorities include market-share gains in underserved markets, deeper distribution, digital access, improved customer experience and investment in people, culture and platforms.

• Plans include expanding presence in Tier II and III towns and developing simpler, inclusive products and technology-backed servicing; no numerical FY26 guidance was stated.

• Industry growth is expected to benefit from GDP growth, a young and urbanizing population, rising financial literacy, digital adoption and the IRDAI “Insurance for All by 2047” agenda.