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 2022 Annual Statement of the National Reinsurance Corporation of the Philippines
Background/Description of the Disclosure
Please be advised that the Insurance Commission (IC) has approved and issued its Synopsis for the Company’s 2022 Annual Statement. In pursuance of Section 231 of the Amended Insurance Code and IC Circular 2016-34, the Synopsis is published today February 28, 2024 at the business section of the Philippine Star.
The 2022 Annual Synopsis of National Reinsurance Corporation of the Philippines, after verification by the Insurance Commission, is fully compliant with the minimum regulatory requirements under the following regulations:
1. IC Circular No. 2015-02-A: minimum net worth requirement of PHP 3 Billion, for which the Company is verified having PHP 4.750 Billion; 2. IC Circular No. 2016-68: minimum Capital Adequacy Ratio requirement of 100%, for which the Company is verified with 248%.