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.