The report highlights the company's record 862% increase in net profit to Php 536.1 million in 2023, driven by strong underwriting performance and a healthy risk-based capital ratio of 221%. The report also details the company's commitment to sustainability through investments in green bonds and tree planting initiatives, as well as its efforts to enhance employee well-being and foster a culture of environmental awareness. The report also highlights the company's contributions to the UN Sustainable Development Goals, focusing on areas such as industry, innovation and infrastructure, affordable and clean energy, sustainable cities and communities, good health and well-being, decent work and economic growth, and climate action.
Issuing Company National Reinsurance Corp of the Philippines
Report Type Integrated Report
Report Language EN
Report Filesize 6.74 MB
No. of Pages 30 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report EditionUnknown
Assurance Provider Unknown
Reporting Standards GRI
Materiality Assessmenttrue