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Savings-linked solutions in the Philippines as ICMIF member CLIMBS partners with ILO on impact insurance project

The Philippines experiences about 20 typhoons every year. The island of Mindanao is home to Oro Integrated Cooperative (OIC) and Nabunturan Integrated Cooperative (NICO), two savings and credit cooperatives that are currently partnering with local ICMIF member CLIMBS Life and General Insurance Cooperative* and the International Labour Organisation (ILO) to support an ILO project on integrated risk management solutions.