National Reinsurance Corporation of the Philippines (PSE:NRCP)

PSE:NRCP Balance Sheet

Financials in millions PHP. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	9,730	9,725	8,820	8,749	7,091	6,861
Investments in Equity & Preferred Securities	168.06	217.9	484.01	462.94	775.25	1,462
Other Investments	-	112.05	-	252.83	442.29	20.14
Total Investments	10,964	10,914	9,756	10,002	8,602	8,347
Cash & Equivalents	407.97	486.71	449.74	271.8	724.73	658.19
Reinsurance Recoverable	9,585	9,293	8,698	8,343	7,782	6,346
Other Receivables	269.44	179.65	180.68	162.63	139.27	57.72
Deferred Policy Acquisition Cost	1,020	1,146	1,097	761.41	701.34	658.34
Property, Plant & Equipment	30.37	29.34	38.24	42.16	45.16	52.04
Other Intangible Assets	56.5	55.37	34.02	0.65	4.73	10.5
Other Current Assets	30.4	16.87	25.13	17.47	46.69	36.57
Long-Term Deferred Tax Assets	643.11	677.21	582.26	523.26	264.79	264.61
Other Long-Term Assets	0.14	0.14	0.14	0.14	0.14	10.06
Total Assets	23,007	22,798	20,861	20,124	18,310	16,441

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	249.24	157.21	222.24	159.22	169.32	146.9
Unpaid Claims	10,224	10,512	9,832	8,730	8,516	7,318
Unearned Premiums	2,267	1,977	1,863	2,226	1,705	1,543
Reinsurance Payable	2,425	2,165	1,913	2,302	2,097	1,597
Current Income Taxes Payable	-	187.09	81.67	260.28	-	-
Long-Term Leases	0.03	0.12	0.29	0.47	0.25	0.62
Other Current Liabilities	63.13	54.27	75.68	189.7	220.79	172
Total Liabilities	15,250	15,064	13,997	13,871	12,710	10,777

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,182	2,182	2,182	2,182	2,182	2,182
Additional Paid-In Capital	3,019	3,019	3,019	3,019	3,019	3,019
Retained Earnings	2,745	2,639	1,809	1,258	721.58	665.88
Treasury Stock	-100.53	-100.53	-100.53	-100.53	-100.53	-100.53
Comprehensive Income & Other	-88.1	-6.12	-45.25	-105.35	-221.82	-102.32
Shareholders' Equity	7,757	7,733	6,864	6,253	5,600	5,664
Total Liabilities & Equity	23,007	22,798	20,861	20,124	18,310	16,441

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Common Shares Outstanding	2,124	2,124	2,124	2,124	2,124	2,124
Total Debt	0.03	0.12	0.29	0.47	0.25	0.62
Net Cash (Debt)	407.94	486.59	449.45	271.33	724.48	657.57
Net Cash Growth	-16.93%	8.26%	65.64%	-62.55%	10.17%	-30.75%
Net Cash Per Share	0.19	0.23	0.21	0.13	0.34	0.31
Book Value Per Share	3.65	3.64	3.23	2.94	2.64	2.67
Tangible Book Value	7,701	7,678	6,830	6,252	5,596	5,654
Tangible Book Value Per Share	3.63	3.62	3.22	2.94	2.63	2.66
Buildings	101.31	101.31	101.31	101.31	101.31	101.31
Machinery	46.43	47.24	46.74	41.54	44.94	44.47

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

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