SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended

Jun 30, 2015

2. SEC Identification Number

80118

3. BIR Tax Identification No.

000480869

4. Exact name of issuer as specified in its charter

NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES

5. Province, country or other jurisdiction of incorporation or organization

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31st Floor, Ayala Life-FGU Center, 6811 Ayala Avenue, Makati CityPostal Code Postal Code 1227

8. Issuer's telephone number, including area code

(632) 988-7400

9. Former name or former address, and former fiscal year, 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. Are any or all of registrant's securities listed on a Stock Exchange?

Yes

No

If yes, state the name of such stock exchange and the classes of securities listed therein:

Philippine Stock Exchange

12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes

No

(b) has been subject to such filing requirements for the past ninety (90) days

Yes

No

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 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jun 30, 2015
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2015	Dec 31, 2014
Current Assets	12,070,630,487	12,491,791,883
Total Assets	12,736,539,436	13,103,965,151
Current Liabilities	6,673,522,238	7,126,425,326
Total Liabilities	7,151,077,059	7,549,048,513
Retained Earnings/(Deficit)	235,039,848	197,783,274
Stockholders' Equity	5,585,462,377	5,554,916,638
Stockholders' Equity - Parent	-	-
Book Value per Share	2.63	2.62

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	303,524,309	129,546,956	501,040,217	352,559,978
Other Revenue	104,850,597	119,387,544	216,273,862	212,540,693
Gross Revenue	408,374,906	248,934,500	717,314,079	565,100,671
Operating Expense	336,489,281	198,931,072	487,011,199	459,497,739
Other Expense	111,241,207	46,604,457	169,168,589	97,771,657
Gross Expense	447,730,488	245,535,529	656,179,788	557,269,396
Net Income/(Loss) Before Tax	-39,355,582	3,398,971	61,134,291	7,831,275
Income Tax Expense	11,621,830	11,990,655	23,877,718	24,691,261
Net Income/(Loss) After Tax	-50,977,412	-8,591,684	37,256,573	-16,859,986
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	0.02	0	0.02	-0.01
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

Other Relevant Information
Please refer to the attached SEC Form 17Q