Wilton Reinsurance Bermuda makes significant donation

It highlights the importance in caring for communities needing medical help

Wilton Reinsurance Bermuda makes significant donation


By Jonalyn Cueto

Wilton Reinsurance Bermuda has donated $7,500 to the Lady Cubitt Compassionate Association (LCCA), a charity that provides financial and emotional support to individuals in need.

A Royal Gazette report noted that the grant will assist patients with medical bills and overseas medical costs.

A spokeswoman for Wilton Reinsurance Bermuda highlighted the importance of the LCCA’s mission, stating: “The LCCA has an important mission to improve the quality of life, health, and wellbeing of those in our community who are in medical, financial, or emotional need.” She added that the charity’s support is “life-saving for people without any other options for medical care.”

Sylvia Oliveira, chief executive of Wilton Re Bermuda, noted the company’s long-standing relationship with the LCCA. “We are proud to continue our support for this important charity and acknowledge their steadfast community assistance for almost a century,” Oliveira said.

Marisa Nearon Howard, the LCCA executive director, expressed gratitude for the donation. “For over 90 years, the LCCA has been able to carry out its mission thanks to the support of generous donors like Wilton Re,” Howard said. “They have recognized that helping those in need with the very basics of needs is first and foremost in the work we do every day. And we certainly cannot provide that help without support like theirs.”

Brendan Kemp, Wilton Re’s chief financial officer, also commented on the donation. “Lady Cubitt Compassionate Association’s mission resonates with our Bermuda team — compassionate support when people need the help the most,” Kemp said.

Wilton Reinsurance Bermuda Limited is a subsidiary of Wilton Re Ltd., with a focus on the North American life insurance market. It provides risk capital, M&A services, traditional reinsurance, and longevity risk management, specializing in in-force life insurance and annuities.

It is owned by the Canada Pension Plan Investment Board (CPPIB) and is a founding member of the Bermuda International Long Term Insurers and Reinsurers Association (BILTIR).

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