Fortitude Reinsurance Company Ltd. has announced a US$50,000 donation to the Bermuda Zoological Society as part of its Fortitude Re 4 Good community partnership program.
The contribution is intended to support environmental education initiatives that provide students with practical conservation experiences.
The Bermuda Zoological Society, a registered nonprofit, works in conjunction with the Bermuda Aquarium, Museum, and Zoo to promote environmental stewardship. Its educational offerings include both classroom and field-based programs, bringing students into natural habitats such as Trunk Island, micro forests, and Bermuda’s coastal ecosystems.
Get the latest reinsurance news direct to your inbox twice a week. Sign up here
The donation from Fortitude Re will fund a range of BZS education programs, including Kids on the Reef and other interactive activities that offer students direct exposure to environmental science. All funds provided will be allocated to the development and delivery of student programming.
“Fortitude Re is proud to partner with the Bermuda Zoological Society and invest in educational initiatives that nurture curiosity, hands-on learning, and a deeper understanding of the ecosystems we depend on,” said Amanda Stewart, senior vice president and head of employee experience. Stewart said that supporting programs which bring students into Bermuda’s natural spaces helps build knowledge and inspire care for the environment.
Collin Anderson, BZS board vice president, noted that the partnership will expand education programs and provide more young people with meaningful conservation experiences.
“Fortitude Re's commitment to environmental education will help inspire the next generation of environmental stewards, who will protect and care for Bermuda's precious ecosystems for years to come and aligns with our mission to inspire appreciation and care for island environments,” Anderson said.
The donation comes as Fortitude Re continues to pursue broader strategic initiatives. Earlier this month, the company entered the funding agreement-backed notes (FABN) market, launching a US$500 million private placement to institutional investors.
The notes, supported by a funding agreement from Fortitude Life Insurance & Annuity Company, are scheduled to mature in 2028 and are expected to receive ratings of BBB+ from Fitch and A3 from Moody’s, consistent with the company’s current financial strength ratings.
What are your thoughts on this story? Please feel free to share your comments below.
Get the latest reinsurance news direct to your inbox twice a week. Sign up here
