35th Anniversary - 1978-2013
35th Year Anniversary
1978-2013
 

 
 

 
 

 
 

 
  

National Reinsurance Corporation of the Philippines was incorporated in 1978 as a domestic professional reinsurance firm to provide life and non-life reinsurance to the Philippines and neighboring insurance markets. On January 15, 2007, the Company received approval from the Securities and Exchange Commission to use the names and styles of Philippine National Reinsurance Company or “PhilNaRe” to enhance its image as the country’s national reinsurer. 

The primary mandate of PhilNaRe is to assist in the development of the Philippine insurance industry by providing reinsurance capacity and support to Philippine insurance companies as well as by contributing towards higher retention of business within the country. 

PhilNaRe is today the only domestic professional reinsurance company in the Philippines. The Company is listed in the Philippine Stock Exchange with the trading symbol NRCP.

 
 

Latest News from Media Center


Global Adoption of AIR's Touchstone Platform Continues across the Industry as Companies Choose a Proven Solution
[December 3, 2015]

BOSTON, Dec. 3, 2015 — Catastrophe modeling firm AIR Worldwide (AIR) today announced the continued adoption of Touchstone® across the insurance and reinsurance industries, including specialty markets and the Lloyd’s market. Fidelis Insurance, National Reinsurance Corporation of the Philippines (NRCP), and Probitas 1492 have selected AIR’s Touchstone platform to provide detailed analytics and better manage catastrophe risk.



A.M. Best TV Interview of Mr. Augusto Hidalgo
[November 3, 2015]

Mr. Augusto Hidalgo, President and CEO of NRCP speaking to A.M. Best TV during the 13TH Singapore International Reinsurance Conference (SIRC), November 2015.




Making Sense of Big Data
[October 23, 2015]

Even if you’ve never heard of big data before, it’s affecting your daily life in some way. If you checked Facebook this morning and saw ads, those were chosen to target you based on your internet browsing history. If you use an iphone or any other smartphone, the program that corrects your typos bases these corrections on the words you use frequently. If you used Waze to get here, the route it provided was based on traffic information obtained from other users, such as their location.



National Reinsurance Corporation of the Philippines Partners with URS for Risk Management Analytics and Enhancements
[August 13, 2015]

National Reinsurance Corporation of the Philippines (NRCP) has announced its partnership with Ultimate Risk Solutions (URS), the leading provider of insurance and reinsurance analytical and other software enhancements for risk management. The collaboration enables NRCP to provide to Philippine life and non-life insurance companies reinsurance optimization analysis to reduce the cost of reinsurance and to streamline the analytical processes.



The National Reinsurance Corporation of the Philippines Selects RMS Earthquake Model
[April 21, 2015]

NEWARK, Calif. - 2015-04-21- RMS, the world's leading catastrophe risk management firm, today announced that its RMS® Philippines Earthquake Model has been licensed by the National Reinsurance Corporation of the Philippines (NRCP) as part of the reinsurer's strategy to embed a scientifically rigorous approach to its catastrophe risk management.


The Case of PIRA and National Re (Philippines)
[March 15, 2015]

Mr. Augusto Hidalgo, Trustee, PIRA Insurance Industry Association and CEO, National Reinsurance Corporation of the Philippines at The Geneva Association's Public Forum Event at the Third UN World Conference on Disaster Risk Reduction, 16 March 2015, Sendai, Japan.

This article was first published in The Geneva Association’s conference review, “Insurance as contributors to problem solving and impact reduction” from Sendai, Japan in March 2015.

 




National Reinsurance Corporation of the Philippines (NRCP) Partners with Gawad Kalinga
[February 14, 2015]

Last February 2015, senior management and employees from the National Reinsurance Corporation of the Philippines (NRCP) joined workers and volunteers from the Gawad Kalinga Community Development Foundation (GK) in building homes for underprivileged Filipino families in Mandaluyong City, Philippines. The activity marks the start of NRCP’s support of GK’s continuing efforts in disaster resilience.




PhilNaRe's Hidalgo: BPO, Construction Drive Philippine Growth
[November 17, 2014]

Augusto Hidalgo, President and CEO of National Reinsurance Corporation of the Philippines, said the Philippine middle class is rising as more than 1 million residents find careers in business process outsourcing.







Insurers Race for Footholds in Expanding ASEAN Market
[November 17, 2014]

Insurers see huge potential in the 10 Southeast Asian countries poised to join as one market but expect to face challenges from new competitors and regulatory arrangements still under development.





PhilNaRe's AM Best Rating 2014
[April 4, 2014]

AM Best affirms ratings of National Reinsurance Corporation of the Philippines


PhilNaRe announces appointment of new President and CEO
[March 31, 2014]

The Board of Directors, through its Chairperson, Ms. Helen Y. Dee, released the following announcement regarding the appointment of the new President and CEO of the company effective 1st April 2014.


BSP Recognizes the Contribution and Support of its Stakeholders
[July 16, 2013]

National Reinsurance Corporation of the Philippines was among the recipients of the BSP Stakeholders’ awards given last July 16, 2013.


Philippine Non-Life Insurance Business Trends & Developments - A Reinsurer's Perspective
[April 24, 2013]

PhilNaRe President and CEO Mr. Roberto B. Crisol presented an update on the Philippine reinsurance market -
"Philippine Non-Life Insurance Business Trends & Developments - A Reinsurer's Perspective" during the 10th Philippine General Insurance Summit last April 24, 2013.


 
 
 
     
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