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National Reinsurance Corporation

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Namestring
National Reinsurance Corporation
Websiteurl
nat-re.com
Company typeenum
Private
Founded yearint
1977
Descriptiontext

National Reinsurance Corporation is a Philippine-domiciled reinsurance company headquartered in Makati that provides reinsurance capacity alongside consulting, technical, and advisory services to insurance-sector clients. Founded in 1977, the company is publicly listed on the Philippine Stock Exchange under ticker NRCP and operates with a headcount of approximately 101–250 employees. Beyond core risk assumption, the firm positions itself as a technical partner to cedants, offering advisory inputs alongside treaty and facultative reinsurance support.

The company's publicly disclosed footprint is concentrated in the Philippines, where domestic primary insurers serve as the primary customer base; no international operating geographies, subsidiaries, joint ventures, or cross-border platforms are identified in the available source material. Capital structure is anchored by public-company status rather than disclosed venture or private-equity funding rounds, indicating an established, dividend- and capital-markets-oriented financing model. Operational scale (mid-sized headcount, multi-decade operating history, single primary listing) is consistent with a focused domestic reinsurer rather than a regional or global carrier.

The available source material is thin on revenue, premium volume, underwriting results, management roster, product mix, partnerships, and any recent strategic transactions. Consequently, this description is limited to what is verifiable from the firmographic record: a Philippine public reinsurer offering reinsurance plus consulting/technical/advisory services, with a 101–250 employee base and an operational history dating to 1977. No product segmentation, treaty vs. facultative split, geographic diversification, or technology stack details are disclosed in the provided data.

Short descriptiontext

National Reinsurance Corporation is a Philippine publicly listed reinsurer (PSE:NRCP), founded in 1977 and headquartered in Makati, providing reinsurance capacity alongside consulting, technical, and advisory services to domestic insurance-sector clients.

Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersMakati, Philippines
HQ citystring
Makati
HQ countrystring
Philippines
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
reinsurance underwriting, risk assumption, insurance consulting, technical advisory, treaty reinsurance
Industry2 codes
1Reinsurance Brokerage
CodeFSAEADAEPrimaryYes
2Casualty Treaty Reinsurance
CodeFSAOAEADPrimaryNo
NAICS code2 codes
  • Reinsurance Carriers524130
  • Reinsurance Carriers52413
SIC code1 code
  • Fire, Marine & Casualty Insurance6331
Product category
Reinsurance
Social media profiles1 record
Cost components3 values
Personnel, Operations, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

National Reinsurance Corporation is an insurance company that provides reinsurance capacity along with consulting, technical, and advisory services to clients in the insurance market. Its core activity is assuming risk ceded by primary insurers and supporting those clients with reinsurance-related consulting and technical expertise.

Differentiator
Functional benefit
Problem solved
Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeBroad incumbent
Description

One of the world's largest reinsurers, writing property, casualty, life, and specialty reinsurance globally including the Philippines. Comparable as a diversified reinsurance carrier with advisory and risk solutions capabilities.

TypeBroad incumbent
Description

Global reinsurance and insurance carrier offering treaty and facultative reinsurance across P&C and life lines, plus risk consulting services. Comparable to NRCP as a full-service reinsurer with advisory offerings.

TypeBroad incumbent
Description

Global reinsurance group with P&C and Life reinsurance operations across Asia-Pacific. Comparable to NRCP as a publicly-listed reinsurance carrier operating in Asian markets.

TypeBroad incumbent
Description

Bermuda-based global reinsurance and insurance group writing treaty and facultative business across specialty and traditional lines. Comparable as a publicly-listed reinsurance carrier.

TypeDirect peer
Description

Indian state-owned reinsurer writing domestic and international reinsurance across P&C, life, and health lines. Comparable to NRCP as a domestically-rooted, publicly-affiliated reinsurance carrier in an emerging Asian market.

TypeBroad incumbent
Description

One of the world's largest reinsurance groups, active across treaty and facultative lines globally including Asia-Pacific. Comparable as a multi-line reinsurance carrier operating in regional markets.

TypeBroad incumbent
Description

Bermuda-based reinsurer specializing in property catastrophe and specialty lines. Comparable to NRCP as a publicly-listed reinsurance carrier with treaty and advisory capabilities.

TypeBroad incumbent
Description

Global reinsurer writing P&C and specialty lines including in Asia-Pacific. Comparable to NRCP as a multi-line reinsurance carrier serving cedents in regional markets.

TypeDirect peer
Description

Regional reinsurance corporation operating across Asia with treaty reinsurance and advisory services. Comparable to NRCP as a regionally-focused reinsurance carrier offering similar lines and services in Asian markets.

TypeDirect peer
Description

Malaysian domestic reinsurer writing treaty and facultative business in ASEAN. Comparable to NRCP as a regional reinsurance carrier with a similar domestic market focus and advisory offerings.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

National Reinsurance Corporation

Reinsurancenat-re.com

National Reinsurance Corporation is a Philippine publicly listed reinsurer (PSE:NRCP), founded in 1977 and headquartered in Makati, providing reinsurance capacity alongside consulting, technical, and advisory services to domestic insurance-sector clients.

What National Reinsurance Corporation does

National Reinsurance Corporation is a Philippine-domiciled reinsurance company headquartered in Makati that provides reinsurance capacity alongside consulting, technical, and advisory services to insurance-sector clients. Founded in 1977, the company is publicly listed on the Philippine Stock Exchange under ticker NRCP and operates with a headcount of approximately 101–250 employees. Beyond core risk assumption, the firm positions itself as a technical partner to cedants, offering advisory inputs alongside treaty and facultative reinsurance support.

The company's publicly disclosed footprint is concentrated in the Philippines, where domestic primary insurers serve as the primary customer base; no international operating geographies, subsidiaries, joint ventures, or cross-border platforms are identified in the available source material. Capital structure is anchored by public-company status rather than disclosed venture or private-equity funding rounds, indicating an established, dividend- and capital-markets-oriented financing model. Operational scale (mid-sized headcount, multi-decade operating history, single primary listing) is consistent with a focused domestic reinsurer rather than a regional or global carrier.

The available source material is thin on revenue, premium volume, underwriting results, management roster, product mix, partnerships, and any recent strategic transactions. Consequently, this description is limited to what is verifiable from the firmographic record: a Philippine public reinsurer offering reinsurance plus consulting/technical/advisory services, with a 101–250 employee base and an operational history dating to 1977. No product segmentation, treaty vs. facultative split, geographic diversification, or technology stack details are disclosed in the provided data.

National Reinsurance Corporation firmographics

Firmographics
Name
National Reinsurance Corporation
Website
https://nat-re.com
Company type
Private
Founded year
1977
Headcount range
101–250 employees
Short description
National Reinsurance Corporation is a Philippine publicly listed reinsurer (PSE:NRCP), founded in 1977 and headquartered in Makati, providing reinsurance capacity alongside consulting, technical, and advisory services to domestic insurance-sector clients.
Ownership category
akta.pro rank

National Reinsurance Corporation industry classification

Industry
Product category
Reinsurance
NAICS
Reinsurance Carriers (524130), Reinsurance Carriers (52413)
SIC
Fire, Marine & Casualty Insurance (6331)
akta.pro primary industry
Reinsurance Brokerage (FSAEADAE)
akta.pro secondary industry
Casualty Treaty Reinsurance (FSAOAEAD)

Keywords

  • Reinsurance underwriting
  • Risk assumption
  • Insurance consulting
  • Technical advisory
  • Treaty reinsurance

Where National Reinsurance Corporation is headquartered

Location

Headquarters

HQ city
Makati
HQ country
Philippines
HQ region
Asia

Markets served

National Reinsurance Corporation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others

National Reinsurance Corporation product offering

Product offering

Core offering

National Reinsurance Corporation is an insurance company that provides reinsurance capacity along with consulting, technical, and advisory services to clients in the insurance market. Its core activity is assuming risk ceded by primary insurers and supporting those clients with reinsurance-related consulting and technical expertise.

Differentiator

Problem solved

Functional benefit

Companies that use National Reinsurance Corporation

Customer profile

Ideal customer profiles1 record

National Reinsurance Corporation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

National Reinsurance Corporation partnerships and signals

Strategic signal

Recent moves1 record

National Reinsurance Corporation competitors and assessment

Company assessment

Broad incumbents

  • Munich Re: One of the world's largest reinsurers, writing property, casualty, life, and specialty reinsurance globally including the Philippines. Comparable as a diversified reinsurance carrier with advisory and risk solutions capabilities.
  • Swiss Re: Global reinsurance and insurance carrier offering treaty and facultative reinsurance across P&C and life lines, plus risk consulting services. Comparable to NRCP as a full-service reinsurer with advisory offerings.
  • Scor SE: Global reinsurance group with P&C and Life reinsurance operations across Asia-Pacific. Comparable to NRCP as a publicly-listed reinsurance carrier operating in Asian markets.
  • Everest Group: Bermuda-based global reinsurance and insurance group writing treaty and facultative business across specialty and traditional lines. Comparable as a publicly-listed reinsurance carrier.
  • Hannover Re: One of the world's largest reinsurance groups, active across treaty and facultative lines globally including Asia-Pacific. Comparable as a multi-line reinsurance carrier operating in regional markets.
  • RenaissanceRe: Bermuda-based reinsurer specializing in property catastrophe and specialty lines. Comparable to NRCP as a publicly-listed reinsurance carrier with treaty and advisory capabilities.
  • PartnerRe: Global reinsurer writing P&C and specialty lines including in Asia-Pacific. Comparable to NRCP as a multi-line reinsurance carrier serving cedents in regional markets.

Direct peers

  • General Insurance Corporation of India (GIC Re): Indian state-owned reinsurer writing domestic and international reinsurance across P&C, life, and health lines. Comparable to NRCP as a domestically-rooted, publicly-affiliated reinsurance carrier in an emerging Asian market.
  • Asian Reinsurance Corporation: Regional reinsurance corporation operating across Asia with treaty reinsurance and advisory services. Comparable to NRCP as a regionally-focused reinsurance carrier offering similar lines and services in Asian markets.
  • Malaysian Reinsurance Berhad: Malaysian domestic reinsurer writing treaty and facultative business in ASEAN. Comparable to NRCP as a regional reinsurance carrier with a similar domestic market focus and advisory offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

National Reinsurance Corporation social profiles

Digital presence

National Reinsurance Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

National Reinsurance Corporation leadership team

Management profile

Number of profiles

National Reinsurance Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

National Reinsurance Corporation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Reinsurance Corporation

What does National Reinsurance Corporation do?

National Reinsurance Corporation is an insurance company that provides reinsurance capacity along with consulting, technical, and advisory services to clients in the insurance market. Its core activity is assuming risk ceded by primary insurers and supporting those clients with reinsurance-related consulting and technical expertise.

When was National Reinsurance Corporation founded?

National Reinsurance Corporation was founded in 1977. It employs 101 to 250 people.

Where is National Reinsurance Corporation based?

National Reinsurance Corporation is headquartered in Makati, Philippines, in the Asia region.

Who are National Reinsurance Corporation's main competitors?

Broad incumbents on record are Munich Re, Swiss Re, Scor SE, Everest Group, Hannover Re, RenaissanceRe and PartnerRe. Direct peers are General Insurance Corporation of India (GIC Re), Asian Reinsurance Corporation and Malaysian Reinsurance Berhad.

Does National Reinsurance Corporation have an API?

No public API is recorded for National Reinsurance Corporation.

What industry is National Reinsurance Corporation in?

National Reinsurance Corporation's product category is Reinsurance. Its primary akta.pro industry code is FSAEADAE, Reinsurance Brokerage, with a secondary code of FSAOAEAD, Casualty Treaty Reinsurance. Its NAICS code is 524130 and its SIC code is 6331.

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Live signals
FinancialContent Business PageAM Best Affirms Credit Ratings of National Reinsurance Corporation of the PhilippinesAM Best affirmed National Reinsurance Corporation of the Philippines' financial strength rating of B++, long-term issuer credit rating of bbb, and Philippines National Scale Rating of aa+.PH, all with stable outlook. The ratings reflect strong balance sheet strength, adequate operating performance, and neutral business profile.ReinsuranceNe.wsAlexander Reyes to succeed Allan Santos as President & CEO of Nat ReThe Board of Directors of National Reinsurance Corporation of the Philippines (Nat Re) announced that President and CEO Allan R. Santos will retire on 1 October 2026, with Alexander L. Reyes appointed as his successor. Santos led the company from 2018 to 2026, achieving record financial performance, an improved credit rating, and its first dividend payout in a decade. Reyes, who previously served as Senior Vice President and Head of Non-life Reinsurance, will assume the role to lead the company's next phase of growth.Business Wire BlogAM Best Affirms Credit Ratings of National Reinsurance Corporation of the PhilippinesAM Best affirmed National Reinsurance Corporation of the Philippines' financial strength rating of B++, long-term issuer credit rating of bbb, and Philippines National Scale Rating of aa+PH, with a stable outlook. The ratings reflect strong balance sheet strength, adequate operating performance, and neutral business profile. Nat Re's underwriting performance improved in 2025, driven by favorable claims development and robust life margins.