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, 2016

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

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31/F BPI-Philam Life Makati (formerly: Ayala Life FGU Center) 6811 Ayala Avenue Makati City 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	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, 2016
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2016	Dec 31, 2015
Current Assets	8,326,936,443	7,260,576,939
Total Assets	14,468,259,542	13,438,795,282
Current Liabilities	3,190,162,509	2,777,193,890
Total Liabilities	9,213,297,579	8,531,556,866
Retained Earnings/(Deficit)	-83,182,773	-64,402,298
Stockholders' Equity	5,254,961,963	4,907,238,416
Stockholders' Equity - Parent	-	-
Book Value per Share	2.47	2.31

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	284,416,658	303,524,309	588,217,312	501,040,217
Other Revenue	83,352,063	104,850,597	121,707,461	216,273,862
Gross Revenue	367,768,721	408,374,906	709,924,773	717,314,079
Operating Expense	342,836,690	336,489,281	604,823,711	487,011,199
Other Expense	38,464,618	111,241,207	98,666,955	169,168,589
Gross Expense	381,301,308	447,730,488	703,490,666	656,179,788
Net Income/(Loss) Before Tax	-13,532,587	-39,355,582	6,434,107	61,134,291
Income Tax Expense	13,465,320	11,621,830	25,214,582	23,877,718
Net Income/(Loss) After Tax	-26,997,907	-50,977,412	-18,780,475	37,256,573
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	-0.01	-0.02	-0.01	0.02
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

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