C05251-2023

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)
Jul 5, 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 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Despite the challenging environment, Nat Re managed to generate growth and positive earnings

Background/Description of the Disclosure

Despite the challenging environment, the National Reinsurance Corporation of the Philippines (Nat Re) managed to generate a 12% growth in gross written premiums and positive earnings in 2022. The company’s strong financial position and solid risk management have led AM Best to reaffirm its financial strength rating of B++ (Good) with a “Stable” outlook, while the Philippine Rating Services Corporation (PhilRatings) maintained its PRS A (strong financial security) with a Stable Outlook.

Other Relevant Information

1. This press release may contain “forward-looking statements”. Although Nat Re believes that any forward-looking statements reflected herein are reasonable, there is no guarantee of future performance that could affect Nat Re’s business and results of operations.

2. See attached copy of the Press Release

Filed on behalf by:
Name Jacqueline Michelle Dy
Designation Vice President, Head of Risk & Compliance