National Reinsurance Corp of the Philippines 2020 SR
The report highlights Nat Re's resilience and contributions to the Philippine economy during the 2020 fiscal year, particularly in response to the COVID-19 pandemic and natural disasters. The company provided significant reinsurance capacity, paying 1.6 billion pesos in claims and spearheading the Philippine Catastrophe Insurance Facility (PCIF). Key sustainability initiatives included the Oasis Project for flood risk assessment and support for microinsurance to aid vulnerable sectors. Nat Re also emphasized employee welfare through work-from-home arrangements and enhanced health benefits while maintaining a focus on governance and climate-related risk management.
Company: National Reinsurance Corp of the Philippines
Sector: Financials
Country: Philippines
Year: 2020
Type: SR
Pages: 25
Back to company
National Reinsurance Corp of the Philippines
Sustainability Report
The report highlights Nat Re's resilience and contributions to the Philippine economy during the 2020 fiscal year, particularly in response to the COVID-19 pandemic and natural disasters. The company provided significant reinsurance capacity, paying 1.6 billion pesos in claims and spearheading the Philippine Catastrophe Insurance Facility (PCIF). Key sustainability initiatives included the Oasis Project for flood risk assessment and support for microinsurance to aid vulnerable sectors. Nat Re also emphasized employee welfare through work-from-home arrangements and enhanced health benefits while maintaining a focus on governance and climate-related risk management.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Workplace Fatalities
Employees