Ariel Re boosts global charitable efforts to US$240,000

It focuses on programs for children, education, and community development

Ariel Re boosts global charitable efforts to US$240,000

Reinsurance

By Kenneth Araullo

Ariel Re reported US$240,000 in charitable donations in 2024. This marks a US$45,000 increase from the previous year’s contributions.

The company said that it supported 35 charitable initiatives through its Bermuda and London offices. Contributions included tag days, sponsorships, and employee-raised funds matched by Ariel Re.

Veronica King (pictured above), chair of the Ariel Re Charity Committee, recognized the efforts of the company’s staff, saying that they worked to raise money for various causes.

“We are very proud of our staff who have made amazing efforts again in 2024 to raise money for a number of great charities,” King said. “As a responsible corporate citizen, Ariel Re takes great pride in corporate social responsibility initiatives like charity donations which help those communities in which we work. I am delighted that in 2024 we were again able to make a real impact on communities in Bermuda and London.”

In Bermuda, the company’s donations went to organizations such as Beyond Rugby, the Transformational Living Centre, Waterstart Charity, HOME, and St. Baldrick’s Foundation.

Additional contributions were made to the It Takes a Village Foundation, Coalition for the Protection of Children, Foster Parents Association, Youth Driving Change, and the Reading Clinic.

Dr Sandy De Silva, executive director of Family Centre, acknowledged Ariel Re’s support for the Beyond Rugby Bermuda program, noting the impact on youth by sustaining programs that inspire personal growth on and off the rugby field.

“Ariel Re is making a significant difference in young people’s lives by helping to sustain a program that supports and inspires youth to reach their full potential on and off the rugby field,” De Silva said.

The London office directed donations to organizations including Brain Tumor Research, Waverly School, and the MCA Trust Children’s Charity. Keith Isaacs, chairman of the MCA Trust, expressed gratitude for Ariel Re’s continued support, noting the company’s role in helping children affected by cancer.

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