SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jun 15, 2023

2. SEC Identification Number

80118

3. BIR Tax Identification No.

000-480-869-000

4. Exact name of issuer as specified in its charter

NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31st Floor, BPI-Philam Makati, 6811 Ayala Avenue, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 89887400

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	2,123,605,600

11. Indicate the item numbers reported herein

Item 9 (Other Events)

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

National Reinsurance Corporation of the PhilippinesNRCP

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Insurance Commission (IC) Synopsis of the 2021 Annual Statement of the National Reinsurance Corporation of the Philippines
Background/Description of the Disclosure
Please be advised that the The Insurance Commission (IC) has required the Company to publish in a newspaper of general circulation its synopsis and approval of the 2021 Annual Statement of the National Reinsurance Corporation of the Philippines. This is in compliance to Section 231 of the Amended Insurance Code and IC Circular Letter No. 2016-34 dated June 21, 2016. The 2021 Annual Synopsis of National Reinsurance Corporation of the Philippines, after verification by the Insurance Commission, is fully compliant with the minimum regulatory requirements: 1. Minimum capital requirement per IC Circular Letter No. 2015-02-A is fully complied with the total capital stock paid-up of the company at Php5,100,647,625, which is more than Php 2 billion in excess of the minimum requirement. 2. Net worth of Php4,868,557,473.25 is in excess of the Minimum Net worth required under IC Circular Letter No. 2015-02-A of Php2,500,000,000 by Php2,368,557,473.25 3. Capital Adequacy Ratio of 246% is above the minimum regulatory ratio requirement of 100% under IC Circular Letter No. 2016-68.
Other Relevant Information
none