ACE Group announced today that the ACE Charitable Foundation has
made a donation of $250,000 to the American Red Cross to support
disaster relief efforts in the aftermath of Superstorm Sandy that
impacted the East Coast of the United States. In addition, the
Foundation has organized a campaign for donations from ACE's U.S.
employees that it will match 100 percent.
"This storm struck at the heart of areas where many of our employees and
custmers are based," said Evan Greenberg, Chairman & Chief Executive
Officer of ACE Limited. "We want to offer our support in helping
residents throughout the area recover in the difficult weeks and months
The ACE Charitable Foundation assists less fortunate individuals and
communities around the world in achieving and sustaining healthy lives.
Through a combination of Foundation grants and employee volunteer
initiatives, ACE focuses its support in the areas of education, the
environment, and poverty and health.
The ACE Group is one of the world's largest multiline property and
casualty insurers. With operations in 53 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. ACE Limited, the parent company
of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE)
and is a component of the S&P 500 index. Additional information can be
found at: www.acegroup.com.
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