|
ACE Contributes $1 Million to China
Earthquake Relief
NEW YORK, New
York ,
May
27, 2008
 view
pdf version
The ACE Group of Companies announced today that the ACE Foundation –
International has made a $1 million contribution to the Red Cross
Society of China to support emergency relief efforts following the
earthquake that struck China’s Sichuan Province.
ACE conducts property and casualty insurance, life insurance and
asset management operations in China through its strategic
investment in the Huatai group of insurance companies. While all
Huatai employees in the impacted area have been accounted for,
several life agents are still missing, and many employees in the
area have lost family members.
“The earthquake that struck Sichuan Province is a terrible human
tragedy with substantial loss of life, catastrophic damage and
millions left homeless,” said Evan G. Greenberg, Chairman and Chief
Executive Officer of ACE Limited. “We are thankful that our Huatai
colleagues are lending assistance to others in need. All of us at
ACE express our deepest sorrow to those who have experienced loss,
and our hearts go out to the Chinese people.”
The ACE Group of Companies is a global leader in insurance and
reinsurance serving a diverse group of clients. Headed by ACE
Limited (NYSE: ACE), a component of the Standard & Poor's 500 stock
index, the ACE Group of Companies conducts its business on a
worldwide basis with operating subsidiaries in more than 50
countries. Additional information can be found at:
www.acelimited.com. |
