9. Former name or former address, 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. Indicate the item numbers reported herein
Item 9 (Other Events)
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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Press Release: Nat Re bullish as it marks 45th year with record income
Background/Description of the Disclosure
The National Reinsurance Corporation of the Philippines (Nat Re) marked its 45th anniversary with record figures in 2023, posting a massive 862% increase in net profits driven by the Corporation’s underwriting and investment incomes.
During its Annual Stockholders’ Meeting held on June 26, 2024 at the Carlos P. Romulo Auditorium in RCBC Plaza, Makati City, Nat Re announced its record net profit of Php 536.1 million in 2023 from Php 55.7 million in 2022. This was attributed to the Corporation’s outstanding performance in both its underwriting and investment operations, which respectively saw a 142% and 121% surge in 2023.