The National Reinsurance Corporation of the Philippines (Nat Re) donates PHP200,000 to the University of the Philippines Medical Foundation (UPMF) to support its efforts in containing the spread of the coronavirus disease 2019 (COVID-19) and saving thousands of lives. The proceeds will be used to distribute the COVID-19 testing kits produced by local scientists as soon as the […]
To our valued clients and partners: We are committed to fully serving you to the best of our capabilities while also prioritizing everyone’s safety and welfare. In light of the current COVID-19 situation, Nat Re will apply the following safety measures starting March 17, 2020 until further notice: In connection with this: – All our […]
The National Reinsurance Corporation of the Philippines (Nat Re), the Insurance Commission (IC), and the Philippine Insurers and Reinsurers’ Association (PIRA) sign a memorandum of understanding (MOU) pledging to collaborate towards the implementation of a Philippine Catastrophe Insurance Facility, an initiative that will increase the country’s financial resilience against natural disasters. Insurance Commissioner Dennis Funa […]
The Philippines national reinsurer, Nat Re, faces the same challenges as it peers – low interest rates, increasing regulation and Nat CAT – but still manages to come out smiling. Read the article here (paywall): https://www.asiainsurancereview.com/Magazine/ReadMagazineArticle/aid/43135/Focus-on-traditional-reinsurance
January 23, 2020—The National Reinsurance Corporation of the Philippines (Nat Re) engaged the Philippine Red Cross (PRC) in training the members of Nat Re’s emergency response team (ERT) to become certified first aid providers. Sixteen members of the Nat Re ERT underwent a 32-hour training on Standard First Aid and Basic Life Support conducted by […]
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 […]
Nay Pyi Taw, Myanmar—Nat Re President/CEO Mr. Allan Santos (second row in white) chaired the second ASEAN Reinsurance Working Committee (ARWC) meeting of the ASEAN Insurance Council. The Committee compiled and compared reinsurance regulations in the ASEAN countries, discussed reinsurance pooling opportunities as well as initiatives to further reinsurance education and talent development in the […]
Manila, Philippines—The National Reinsurance Corporation of the Philippines (Nat Re) hosted two capacity-building workshops under the Oasis Project for select organizations from the government, the academe, and the private sector last November 25-29, 2019. The first was a three-day workshop on climate input data processing and analysis, conducted by Dr. Christoph Menz and Dr. Anne […]
Laguna, Philippines—The National Reinsurance Corporation of the Philippines (Nat Re) partnered with its corporate social responsibility partner FEED, Inc. (Fostering Education & Environment for Development, Inc.) and the University of the Philippines Los Baños in hosting a tree-planting activity for Nat Re’s employees. The activity is part of the reinsurer’s corporate social responsibility program which […]
The National Reinsurance Corporation of the Philippines (Nat Re) is given an award for Top Investment House in Asian Local Currency Bonds by The Asset Benchmark Research Awards 2019. Nat Re is ranked fourth in the insurance industry in the Philippines. The award-giving body uses their annual Asian Local Currency Bond Benchmark Review—now on its […]