News Reinsurance07 May 2021

Philippines:Nat Re earns US$2.5m in net profit in 2020

| 07 May 2021

The National Reinsurance Corporation of the Philippines (Nat Re), the country's national reinsurer, has announced that it earned PHP120m ($2.5m) in net income in 2020, down 24% from PHP157m in 2019, as stronger underwriting results were weighed down by lower investment income.

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