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, 2025

2. SEC Identification Number

80118

3. BIR Tax Identification No.

000-480-869-000

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 Life Makati, 6811 Ayala Ave., Makati City, Philippines Postal Code 1227

8. Issuer's telephone number, including area code

(632) 8988 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, Common

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, 2025
Currency (indicate units, if applicable)	PHP (in thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2025	Dec 31, 2024
Current Assets	15,143,743	14,052,695
Total Assets	22,308,224	21,037,778
Current Liabilities	6,786,208	6,565,106
Total Liabilities	15,088,555	14,173,305
Retained Earnings/(Deficit)	2,161,736	1,809,072
Stockholders' Equity	7,219,669	6,864,473
Stockholders' Equity - Parent	0	0
Book Value per Share	3.4	3.23

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	1,106,384	1,208,329	2,188,067	2,161,548
Gross Expense	1,031,595	1,056,829	1,887,195	1,858,062
Non-Operating Income	200,984	200,462	318,492	365,994
Non-Operating Expense	107,090	97,203	191,254	182,104
Income/(Loss) Before Tax	168,683	254,759	428,110	487,376
Income Tax Expense	10,566	30,563	75,446	73,353
Net Income/(Loss) After Tax	158,117	224,196	352,664	414,023
Net Income Attributable to Parent Equity Holder	0	0	0	0
Earnings/(Loss) Per Share (Basic)	0.07	0.11	0.17	0.19
Earnings/(Loss) Per Share (Diluted)	0.07	0.11	0.17	0.19

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.23	0.37
Earnings/(Loss) Per Share (Diluted)	0.23	0.37

Other Relevant Information
NONE.