Reinsurance News

AXIS commits $1mn donation to support COVID-19 relief efforts

16th April 2020 - Author: Charlie Wood

Bermudian re/insurer AXIS Capital has announced a $1 million donation to support COVID-19 relief and community support efforts.

axis-capital-logoThe company will partner with non-profit organizations providing pandemic relief globally, as well as in communities in which AXIS operates.

The donations are an extension of the AXIS Corporate Citizenship strategy, which focuses on initiatives that build resilience and sustainable value, and its long-standing philanthropic support of the communities in which AXIS does business.

“COVID-19 is an unprecedented challenge that is impacting millions of lives. As a purpose-driven organization, we feel a deep commitment to do our part to give back and help support the relief efforts that are underway globally, as well as in our local communities,” said Albert Benchimol, President and CEO of AXIS.

“Nearly every one of us has been touched in some way by COVID-19. This is a time that we must come together as an industry, as companies, and as individuals to support the relief and recovery efforts and help create a sustainable future.”

Half of the funds will be allocated to organizations focused on global COVID-19 relief.

Example recipients include International Medical Corps, a global non-profit humanitarian aid organization that provides emergency medical relief and training to people affected by conflict, disaster and disease.

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