Entries by Jericho Santiago

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Nat Reā€™s Allan Santos hailed Outstanding CEO at the InsuranceAsia News Country Awards for Excellence 2023

MANILA ā€“ National Reinsurance Corporation of the Philippinesā€™ (Nat Re) President and Chief Executive Officer Allan R. Santos received the Outstanding CEO award at the InsuranceAsia News Country Awards for Excellence 2023, recognizing his exemplary leadership towards bringing Nat Re to greater heights and fostering the healthy, sustainable and inclusive growth of the Philippine insurance […]

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Recording of the Nat Re Webinar “Rethinking Mental Health”

Nat Re hosted a webinar via Zoom entitled “Rethinking Mental Health” last November 09, 2022. Speakers Mr. Amadeus Fernando Pagente – Department of Health, Ms. Alyssa Kae Alegre – Prescription Psychiatrist and Reactors Dr. Mark Roland F. Malanay and Dr. Joyce Ann N. Maglaque lead the discussion to rethink Mental Health Coverage in the country. […]

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Nat Re wins Reinsurer of the Year prize at the Asia Insurance Industry Awards

The National Reinsurance Corporation of the Philippines (Nat Re) bagged the Reinsurer of the Year award at the prestigious 24th Asia Insurance Industry Awards (AIIA) hosted virtually from Singapore. The Philippinesā€™ national reinsurer bested two other finalists, namely global reinsurers Reinsurance Group of America and SCOR Reinsurance.Ā  The award at the AIIA marks Nat Reā€™s […]

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Reinsurers must become more proactive

(This article featuring Nat Re President/CEO Allan SantosĀ  was first published in the Asia Insurance Review November 2020 issue.) Reinsurers must become more proactive The COVID-19 pandemicā€™s impact on the global reinsurance industry has been intense and pronounced. Nat Reā€™s Mr Allan Santos shares his views on what reinsurersā€™ response has been to the impact […]

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Nat Re posts net profit of P157 million in 2019

The national reinsurer delivers sixth straight year of positive net profit National Reinsurance Corporation of the Philippines or Nat Re (stock ticker NRCP) posted P157 million in net income in 2019. This result is on the back of underwriting income of P136 million, marking the companyā€™s fifth straight year of positive underwriting profits, and P349 […]

Nat Re Receives Investment Grade Rating

The National Reinsurance Corporation of the Philippines (Nat Re), the Philippinesā€™ sole domestic professional reinsurer, was assigned a financial strength rating of PRS A by the Philippine Rating Services Corporation (PhilRatings). A PRS A rating means that an insurer has strong financial security characteristics, but is somewhat more likely to be affected by adverse business […]

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A.M. Best Revises Outlooks to Stable for Nat Re

A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ā€œbbbā€ of National Reinsurance Corporation of the Philippines (Nat Re) (Philippines). The ratings reflect Nat Reā€™s balance sheet strength, which A.M.Ā Best categorises as strong, as well as its adequate […]