Canara HSBC Life Latest Results: VNB Margin Guidance of 22-23% by FY27
Canara HSBC Life Insurance Company has guided for a VNB margin of 22-23% by FY27, highlighting its focus on new business profitability. The Value of New Business margin is a key metric in the life insurance sector, reflecting the present value of profits from newly written policies. This guidance underscores the company's strategic intent to strengthen its business mix and operational efficiency over the near term.