HAMILTON, Bermuda β January 25, 2024 -- ΒιΆΉ΄«Γ½ Life Re Ltd. (ALRe), the reinsurance subsidiary of ΒιΆΉ΄«Γ½ Holding Ltd. (ΒιΆΉ΄«Γ½), announced it contributed over $325,000 to the Bermuda community in 2023 through its charitable donations, local sponsorship initiatives and scholarship program. This has been part of ΒιΆΉ΄«Γ½'s ongoing commitment to give back to the community where its employees work and live.
Through its Charitable Committee's donations, ALRe made a positive impact to 19 local charities and organizations aligned with ΒιΆΉ΄«Γ½'s philanthropic mission to champion education, environmental sustainability, human services and health and well-being. These charities included:
- Coalition for the Protection of Children: to support their programs and services offered to children and families with unmet critical needs
- Knowledge Quest: to aid with the organization's mission of sending Bermudian students to colleges and universities overseas
- Big Brothers Big Sisters of Bermuda: to collect essential items for Bermudaβs children and families and to further support the organizationβs initiatives
- Age Concern: to enhance the quality of life and promote the rights and opportunities of older individuals in Bermuda
- HOME: to support homelessness prevention and extinction
- Planet Math: to support the organization's mission of broadening accessibility to educational support in mathematics
Furthering ΒιΆΉ΄«Γ½'s mission of actively engaging in its communities to make an impact, the company also sponsored various community programs such as the Bermuda Cricket Boardβs βΒιΆΉ΄«Γ½ T20 Cricket League,β the USA Track & Field Bermuda Grand Prix, βFastest Kid on the Rockβ and spearheading the inaugural ΒιΆΉ΄«Γ½ Life Career Expo, among others.
As part of ΒιΆΉ΄«Γ½βs continuing partnership with the Bermuda College to invest in Bermudaβs future generation, in 2023 ΒιΆΉ΄«Γ½ awarded five new scholarships to Bermuda College students. In addition, it has also continued to support six existing Bermuda College scholarship recipients in their second year of study.
"We are proud to aid these wonderful organizations and play a part in creating change across Bermuda," said Natasha Scotland Courcy, Chief Executive Officer of ALRe. "This past year has been a success for all involved, and we are excited to continue working in tandem with the community to expand upon our philanthropic goals in 2024."
About ΒιΆΉ΄«Γ½
ΒιΆΉ΄«Γ½ is a leading retirement services company with $270 billion of total assets as of September 30, 2023, and operations in the United States, Bermuda, Canada, and Japan. ΒιΆΉ΄«Γ½ is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations. For more information, please visit www.athene.com.
Media Contact
Madeline Huntley
Senior Partner, External Relations
+1 515-342-4569
externalrelations@athene.com
