C01054-2024

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)
Feb 28, 2024
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) 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 4-30 - 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%.

Other Relevant Information

None

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