NEWS

Nat Re holds 4th Annual Technical Forum on new insurance opportunities

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The National Reinsurance Corporation of the Philippines (Nat Re) hosted its 4th Annual Technical Forum (ATF) last September 14, 2018 at the New World Makati Hotel. With the theme “Uncovering Insurance Opportunities”, the ATF convened industry…

Asia Insurance Review on Allan Santos: A national leader of the industry

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Asia Insurance Review sits down with Allan Santos, Nat Re's new CEO, to discuss the state of the Philippines reinsurance industry, and his plans for the company. Read the article here (paywall): http://www.asiainsurancereview.com/Magazine/ReadMagazineArticle?aid=41365

New Nat Re senior leaders pay courtesy call on the Insurance Commissioner

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August 20, 2018, Manila—Newly appointed members of Nat Re's senior management, namely President/CEO Allan Santos (fifth from left), Chief Underwriting Officer Christian Ladoux (fourth from left), and Head of Data and Analytics Tisha Darvin…

Nat Re welcomes new President and CEO Allan Santos

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The National Reinsurance Corporation of the Philippines (Nat Re; PSE symbol: NRCP) appointed Mr. Allan Rossi Santos as its new President and Chief Executive Officer effective August 16, 2018, succeeding Mr. Augusto Hidalgo III. Prior to this,…

Seasoned professionals Christian Ladoux and Tisha Darvin join Nat Re

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August 1, 2018—The National Reinsurance Corporation of the Philippines' (Nat Re) has appointed Mr. Christian Ladoux  as Chief Underwriting Officer and Ms. Tisha Darvin as Head of Data and Analytics. Ladoux will oversee both of Nat Re's life…

Nat Re recognized for exemplary corporate governance practices

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Reinsurer among the top performing companies under the ASEAN Corporate Governance Scorecard in 2017 July 31, 2018—The National Reinsurance Corporation of the Philippines (Nat Re) is recognized by the Institute of Corporate Directors (ICD)…

2017 Nat Re Chairperson's and CEO's Message to Stockholders

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Dear Stockholders, We kicked off 2017 with bright prospects for your Company, Nat Re, as prompted by these key dynamics in play. First, we were still riding on the growth momentum of our milestone year in 2016 wherein we saw new highs in…

Nat Re posts PHP50 million in net profits in 2017

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5 July 2018—National Reinsurance Corporation of the Philippines (Nat Re, stock ticker NRCP) delivered its fourth straight year of positive net income. It raked in PHP50 million on the back of underwriting profit of PHP204 million. This is…

World’s insurers launch commitment to protect World Heritage Sites

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Manama, Bahrain, 3 July 2018—UN Environment’s Principles for Sustainable Insurance Initiative (PSI)—the largest collaborative initiative between the United Nations and the insurance industry—in partnership with WWF and the UN Educational,…

Nat Re Co-Organizes the 29th EAIC in Manila

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The Philippine Insurers and Reinsurers Association and the Philippine Life Insurance Association, together with Nat Re as the official administrator of the conference funds and TeamAsia as the events management partner, hold the 29th East Asian…

Nat Re - The Next 40 Years

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We take a look at four decades of Nat Re living out its customer-centric values—and the next forty years of even better services for its clients.

Nat Re's Hidalgo: We're Entering a Golden Age of Philippine Insurance

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Mr. Augusto Hidalgo, President and CEO of Nat Re, speaks to A.M. Best TV at the 29th East Asian Insurance Congress (EAIC) in Manila on 6-9 May 2018. Mr. Hidalgo says growth in the country and region should propel insurance growth as well. …

Nat Re Selects Reinsurance Software from DXC Technology to Enable Growth Through Digital Transformation

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Nat Re becomes DXC’s first SICS customer in the Philippines   Manila, Philippines, April 18, 2018 – DXC Technology (NYSE: DXC), the world’s leading independent, end-to-end IT services company, today announced that National Reinsurance…

A.M. BestTV - Data Drives New Exposures, Coverages, and Competition

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Mr. Augusto Hidalgo, Nat Re CEO, speaks along with other reinsurance executives in A.M. BestTV's feature on the role of technology in the future of reinsurance. Insurers at the 14th Singapore International Reinsurance Conference said demand…

Philippines: Hive of activities to benefit reinsurers

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In the Singapore International Reinsurance Conference (SIRC) Supplement, Mr. Augusto Hidalgo, President and CEO of Nat Re, discusses the positive performance of the Philippine insurance market and how reinsurers can facilitate the next stage…

Nat Re's Hidalgo: Reserving Standards Impacting Philippine Market

Mr. Augusto Hidalgo, President and CEO of Nat Re, speaks to A.M. Best TV at the 14th Singapore International Reinsurance Conference. Mr. Hidalgo says regulatory reserving standards should affect profit and loss results for insurers in the Philippine…

Nat Re signs world's first statement on sustainable marine insurance

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Nat Re and global insurers sign industry statement on sustainable marine insurance October 2017—National Reinsurance Corporation of the Philippines (Nat Re) joins global insurers such as Allianz Global Corporate & Specialty, AXA, Generali,…

1st Nat Re Annual CEO Forum, 15 September 2017

The National Reinsurance Corporation of the Philippines (Nat Re) holds its very first Annual CEO Forum on September 15 at the Makati Shangri-La Hotel. With a theme, "Insurance Strategy and Governance", the forum aims to deliver content compelling…

National Re Receives High Rating

The National Reinsurance Corporation of the Philippines (NRCP), the Philippines’ sole domestic professional reinsurer, was assigned a financial strength rating of PRS A plus by the Philippine Rating Services Corporation (PhilRatings). A…

Nat Re celebrates 10th Listing Anniversary at the Philippine Stock Exchange

June 27, 2017 - National Reinsurance Corporation of the Philippines (Nat Re, stock ticker NRCP) celebrated its 10th Listing Anniversary by holding a special bell-ringing ceremony at the Philippine Stock Exchange (PSE) Ayala. "Since 2007…

Nat Re earns P78M in 2016, sustains healthy profitability ratios

Reinsurer also posts a record-low 99.1% combined ratio National Reinsurance Corporation of the Philippines (Nat Re, stock ticker NRCP) continued delivering income to its shareholders and entered its third consecutive year of net profits, raking…

Global investors support government action on tobacco control

Paris, 31 May 2017 – National Reinsurance Corporation of the Philippines joined fifty-two other investors, health systems, pension funds and insurers, representing USD 3.8 trillion in assets under management, in signing a statement to World…

Notice of 2017 Annual Stockholders Meeting

Please be advised that the Annual Meeting of Stockholders of National Reinsurance Corporation of the Philippines (the “Corporation”) will be held on June 28, 2017, Wednesday, at 3:00 p.m., at the Carlos P. Romulo Auditorium, Podium 4, Tower…

Global Adoption of AIR's Touchstone Platform Continues across the Industry as Companies Choose a Proven Solution

BOSTON, Dec. 3, 2015 — Catastrophe modeling firm AIR Worldwide (AIR) today announced the continued adoption of Touchstone® across the insurance and reinsurance industries, including specialty markets and the Lloyd’s market. Fidelis Insurance,…

A.M. Best TV Interview of Mr. Augusto Hidalgo

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Mr. Augusto Hidalgo, President and CEO of NRCP speaking to A.M. Best TV during the 13TH Singapore International Reinsurance Conference (SIRC), November 2015. Click here for the video.

Making Sense of Big Data

Introduction Even if you’ve never heard of Big Data before, it’s affecting your daily life in some way. If you checked Facebook this morning and saw ads, those were chosen to target you based on your internet browsing history. If you…

National Reinsurance Corporation of the Philippines Partners with URS for Risk Management Analytics and Enhancements

National Reinsurance Corporation of the Philippines (NRCP) has announced its partnership with Ultimate Risk Solutions (URS), the leading provider of insurance and reinsurance analytical and other software enhancements for risk management. The…

The National Reinsurance Corporation of the Philippines Selects RMS Earthquake Model

NEWARK, Calif. - 2015-04-21- RMS, the world's leading catastrophe risk management firm, today announced that its RMS® Philippines Earthquake Model has been licensed by the National Reinsurance Corporation of the Philippines (NRCP) as part of…

The Case of PIRA and National Re (Philippines)

How can we establish more open stakeholder relationships in developing nations on the topic of disaster risk reduction, and how can insurance be of help? Indeed, insurers can influence actors to be more conscious of disaster risk and, consequently,…

National Reinsurance Corporation of the Philippines (NRCP) Partners with Gawad Kalinga

Last February 2015, senior management and employees from the National Reinsurance Corporation of the Philippines (NRCP) joined workers and volunteers from the Gawad Kalinga Community Development Foundation (GK) in building homes for underprivileged…

Insurers Race for Footholds in Expanding ASEAN Market

Insurers see huge potential in the 10 Southeast Asian countries poised to join as one market but expect to face challenges from new competitors and regulatory arrangements still under development.

PhilNaRe's Hidalgo: BPO, Construction Drive Philippine Growth

Augusto Hidalgo, President and CEO of National Reinsurance Corporation of the Philippines, said the Philippine middle class is rising as more than 1 million residents find careers in business process outsourcing.

PhilNaRe's AM Best Rating 2014

AM Best affirms ratings of National Reinsurance Corporation of the Philippines AM Best Rating 2014

PhilNaRe announces appointment of new President and CEO, Mr. Augusto P. Hidalgo

The Board of Directors, through its Chairperson, Ms. Helen Y. Dee, released the following announcement regarding the appointment of the new President and CEO of the company effective 1st April 2014.   ANNOUNCEMENT   We are pleased…

BSP Recognizes the Contribution and Support of its Stakeholders

National Reinsurance Corporation of the Philippines was among the recipients of the BSP Stakeholders’ awards given last July 16, 2013. The Company was recognized as an ‘Outstanding Respondent Among Small and Medium Firms’ under the…

Philippine Non-Life Insurance Business Trends & Developments - A Reinsurer's Perspective

PhilNaRe President and CEO Mr. Roberto B. Crisol presented an update on the Philippine reinsurance market - "Philippine Non-Life Insurance Business Trends & Developments - A Reinsurer's Perspective" during the 10th Philippine General Insurance…

NRCP Discloses its Commitments to the UNEP FI Principles of Sustainable Insurance

Disclosure #1 (commitments for September 2014 to September 2015) see Commitment Form Disclosure #2 (commitments for September 2015 to September 2016): NRCP convened its clients and the Philippine insurance regulator in its two Annual Technical…