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)

Dec 22, 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

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

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

8. Issuer's telephone number, including area code

(632) 8988-7400

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
Nat Re Receives Strong Credit Rating
Background/Description of the Disclosure
The National Reinsurance Corporation of the Philippines (Nat Re), the country’s sole professional reinsurer, was assigned a financial strength rating of PRS A, with a Stable Outlook, by the Philippine Rating Services Corporation (PhilRatings). An insurer rated PRS A has strong financial security characteristics but is somewhat more likely to be affected by adverse business conditions compared to higher-rated insurance companies. A Stable Outlook indicates that the rating is likely to be maintained or to remain unchanged in the next 12 months. The assigned financial strength rating and Outlook took into account Nat Re’s: a) solid market franchise; b) shareholders of good standing; c) experienced management; d) sound investment portfolio; and e) more than ample capitalization.
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