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

Sep 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	Sep 30, 2015
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2015	Dec 31, 2014
Current Assets	11,564,317,007	12,491,791,883
Total Assets	12,443,049,545	13,103,965,151
Current Liabilities	6,392,889,401	7,126,425,326
Total Liabilities	7,111,430,233	7,549,048,513
Retained Earnings/(Deficit)	295,101,264	197,783,274
Stockholders' Equity	5,331,619,312	5,554,916,638
Stockholders' Equity - Parent	-	-
Book Value per Share	2.51	2.62

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	174,613,212	164,085,738	675,653,429	516,645,716
Other Revenue	231,567,729	104,340,931	447,841,591	316,881,624
Gross Revenue	406,180,941	268,426,669	1,123,495,020	833,527,340
Operating Expense	192,769,106	322,930,424	679,780,305	782,428,163
Other Expense	141,807,813	52,118,441	310,976,402	149,890,098
Gross Expense	334,576,919	375,048,865	990,756,707	932,318,261
Net Income/(Loss) Before Tax	71,604,022	-106,622,196	132,738,313	-98,790,921
Income Tax Expense	11,542,605	11,713,659	35,420,323	36,404,921
Net Income/(Loss) After Tax	60,061,417	-118,335,855	97,317,990	-135,195,842
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	0.03	-0.06	0.05	-0.06
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

Other Relevant Information
Please refer to the attached SEC Form 17Q as of 30 September 2015.