Nat Re joins Asian association for guarantee and credit insurance as founding member

Nat Re President/CEO Allan Santos (second from left) signs the articles of the AGCIA, formalizing Nat Re’s role as one of its founding members. Seoul Guarantee Insurance Company Overseas Business Development Managers Dongho Song (leftmost) and Sung Bo Shim (second from right) and Nat Re Non-Life Underwriter Francis Alvarez (rightmost) witness the signing.

Manila, Philippines⁠—The National Reinsurance Corporation of the Philippines (Nat Re) joins the Asia Guarantee and Credit Insurance Association (AGCIA), the first association for guarantee and credit insurance insurers in Asia, as one of its founding members. The AGCIA, to be established in the Republic of Korea by the Seoul Guarantee Insurance Company, aims to serve as its members’ information hub, build business networks in the region, provide new business opportunities, and help support the expansion of the guarantee industry. Sixteen countries in Asia, including the Philippines, will be listed as top priority member countries of the organization.