National Reinsurance Corp of the Philippines 2019 IR
The report highlights National Reinsurance Corporation of the Philippines' (Nat Re) financial and sustainability performance for the fiscal year 2019. Financially, the company achieved its sixth consecutive year of positive net income, posting a net profit of P157 million and gross written premiums surpassing P4 billion. On the sustainability front, Nat Re published its maiden sustainability report, outlining its commitment to economic development, disaster resilience, and environmental conservation. Key initiatives included managing the Oasis Project for catastrophe risk assessment and investing P100 million in green bonds. The company also improved its employee engagement score by 17 percentage points and engaged in local reforestation efforts.
Company: National Reinsurance Corp of the Philippines
Sector: Financials
Country: Philippines
Year: 2019
Type: IR
Pages: 83
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National Reinsurance Corp of the Philippines
Annual Financial And Sustainability Report
The report highlights National Reinsurance Corporation of the Philippines' (Nat Re) financial and sustainability performance for the fiscal year 2019. Financially, the company achieved its sixth consecutive year of positive net income, posting a net profit of P157 million and gross written premiums surpassing P4 billion. On the sustainability front, Nat Re published its maiden sustainability report, outlining its commitment to economic development, disaster resilience, and environmental conservation. Key initiatives included managing the Oasis Project for catastrophe risk assessment and investing P100 million in green bonds. The company also improved its employee engagement score by 17 percentage points and engaged in local reforestation efforts.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees