1CISP ended 2018 with a record-high growth in assets by 65%

1Cooperative Insurance System of the Philippines (1CISP), the largest cooperative insurer in the Philippines, ended 2018 with a record-high growth in assets, owing to the conducive business environment in the local insurance industry.

In a press briefing held recently led by 1CISP President Roy S. Miclat, he revealed that 1CISP’s total assets as of end-2018 has reached P2.57 billion, a hefty 65% increase from the cooperative’s total assets of P1.55 billion in 2017.  Joining the presentation were Brig. Gen. Teodoro P. Evangelistaand Sec. Senen Bacani.

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