Staff Reporter

The 12.5% jump in cover shows good value amidst a challenging market, it said.

Singapore's GIC led the funding, investing $182m (INR6b).

The upper illustration rate will be capped at 4.25% p.a. and the lower rate at 3% p.a.

Only Dai-ichi Life posted higher core profit.

Ten insurers have invested in 47 community care projects.

Taishin will retain all Prudential employees and increase required capital.

Extra funds will come from fundraising or new capital injections.