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, 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

METRO MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F BPI-PHILAM LIFE MAKATI 6811 AYALA AVENUE Postal Code 1200

8. Issuer's telephone number, including area code

+6329887400

9. Former name or former address, and former fiscal year, if changed since last report

31F AYALA LIFE FGU CENTER AYALA AVENUE

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	Sep 30, 2016
Currency (indicate units, if applicable)	Php

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2016	Dec 31, 2015
Current Assets	8,105,919,622	7,260,576,939
Total Assets	14,404,832,657	13,438,795,282
Current Liabilities	3,338,754,359	2,777,193,890
Total Liabilities	9,272,178,657	8,531,556,866
Retained Earnings/(Deficit)	-99,264,022	-64,402,298
Stockholders' Equity	5,132,654,000	4,907,238,416
Stockholders' Equity - Parent	-	-
Book Value per Share	2.41	2.31

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	211,021,565	174,613,212	799,238,876	675,653,429
Other Revenue	80,826,695	231,567,729	202,534,156	447,841,591
Gross Revenue	291,848,260	406,180,941	1,001,773,032	1,123,495,020
Operating Expense	238,226,624	192,769,106	843,050,335	679,780,305
Other Expense	60,961,032	141,807,813	159,627,987	310,976,402
Gross Expense	299,187,656	334,576,919	1,002,678,322	990,756,707
Net Income/(Loss) Before Tax	-7,339,396	71,604,022	-905,290	132,738,313
Income Tax Expense	8,741,851	11,542,605	33,956,434	35,420,323
Net Income/(Loss) After Tax	-16,081,247	60,061,417	-34,861,724	97,317,990
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	-0.01	0.03	-0.02	0.05
Earnings/(Loss) Per Share (Diluted)	-	-	-	-

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