Nat Re reaps awards as top ASEAN reinsurer

The National Reinsurance Corporation of the Philippines (Nat Re), the country’s national reinsurer, capped 2021 with various awards from several organizations.

In a statement, the firm said it was honored at the recent InsuranceAsia News Awards for Excellence 2021, Nat Re was named ASEAN Reinsurer of the Year.

According to InsuranceAsia News, “the awards are designed to recognize the most talented people and firms across the region.”

The awards considered companies’ “business successes, investment in talent, innovation, digital capabilities, client support, CSR,” as well as how they went “above and beyond the call of duty.”

Published from Hong Kong, InsuranceAsia News offers leading-edge commentary, opinion-forming features, and in-depth interviews for Asia’s insurance market.

It claims to be a key resource used by primary insurers, reinsurers, brokers, corporates, banks, and service providers, providing accurate, insightful, and reliable coverage of Asia’s insurance market.

In addition to this, Nat Re was also recognized as the Most Reliable Reinsurer of the Year ASEAN 2021 at the World Business Outlook Awards.

“World Business Outlook Awards has an eye for industry mastery, leadership talents, industry value or net worth, impeccable strategies for success, and potential on an international forum. After careful review of nominations by the team, winners are announced on the integrity of their application and current accomplishments,” the awards website read.

Earlier in 2021, Nat Re was named Best Reinsurance Service Provider (The Global Economics Awards), Reinsurer of the Year Asia (International Business Magazine Awards), and Best Reinsurance Company Asia 2021 (World Economic Magazine Awards).