The National Reinsurance Corp. of the Philippines (PhilNaRe) posted a P94-million profit last year, weathering a bad year that saw its first underwriting loss in 19 years

Citing a higher level of claims, National Reinsurance Corporation of the Philippines (PSE: NRCP), or PhilNaRe, reported a net loss of P124 million or P0.06 per share for the quarter ended March 31, 2009

Speech of Roberto B. Crisol at Philippine Insurers Club Monthly Lunch Meeting at The Manila Peninsula The Observatory on April 15, 2009