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, 2017

2. SEC Identification Number

80118

3. BIR Tax Identification No.

000480869000

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31st FLOOR, BPI-PHILAM (FORMERLY AYALA LIFE-FGU CENTRE), 6811 AYALA AVENUE MAKATI CITY, PHILIPPINES 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, 2017
Currency (indicate units, if applicable)	PHP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2017	Dec 31, 2016
Current Assets	3,521,832,923	2,803,073,429
Total Assets	14,571,483,203	14,175,743,861
Current Liabilities	1,114,669,649	1,136,880,953
Total Liabilities	9,488,082,412	9,322,984,503
Retained Earnings/(Deficit)	(1,884,090)	13,651,659
Stockholders' Equity	5,083,400,791	4,852,759,358
Stockholders' Equity - Parent	-	-
Book Value per Share	2.39	2.29

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	618,398,381	284,416,658	978,175,908	588,217,312
Gross Expense	646,158,113	335,481,295	1,007,163,896	604,823,711
Non-Operating Income	95,473,416	83,352,062	162,636,575	121,707,460
Non-Operating Expense	59,568,953	38,464,617	117,873,557	98,666,954
Income/(Loss) Before Tax	8,144,731	(6,177,192)	15,775,030	6,434,107
Income Tax Expense	(15,456,634)	13,465,320	31,310,779	25,214,583
Net Income/(Loss) After Tax	23,601,365	(19,642,512)	(15,535,749)	(18,780,476)
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	0.01	-0.01	-0.01	-0.01
Earnings/(Loss) Per Share (Diluted)	0.01	-0.01	-0.01	-0.01

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.04	0.06
Earnings/(Loss) Per Share (Diluted)	0.04	0.06

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