10 March 2020News

Hiscox supports multiple Bermuda charities in 2019

Nine Bermudian initiatives and organisations have benefitted from the charitable support of Hiscox in 2019.

The company’s first impact report showcasing the fundraising and volunteering efforts of staff across the group shows that, in 2019, it donated over $1 million to more than 180 charities around the world and completed almost 2,000 volunteering hours.

Bermudian beneficiaries of the company’s charitable efforts include Bermuda Beautiful’s Adopt an Area initiative, Bermuda’s Brazilian Football School, the Bermuda Centre for Creative Learning, the Bermuda Foster Parents Association, the Bermuda Special Olympics, Boccia Bermuda, The Bermuda Insurance Institute’s Alumni Scholarship Fund and Vision Bermuda.

The fall programme of Kids on the Reef in Bermuda has been supported for the last two years by Hiscox. This Bermuda Zoological Society (BZS) programme was established after realising that, despite living within walking distance to the shoreline, many Bermudian young people have never fully experienced their country’s underwater environment. Kids on the Reef works with the Government of Bermuda’s education system to reach middle schools across the island. The students are taught the skills necessary to safely free dive in the marine environment, as well as aspects of coral reef ecology and ocean conservation.

Ian Walker, principal curator, said: “Without partners like Hiscox, young Bermudians would not get the chance to explore the underwater environment and understand its importance to Bermuda. Hiscox continues to play an important role in the community by supporting programmes like Kids on the Reef and we at the Bermuda Zoological Society are extremely grateful.”

Commenting on the company’s charitable efforts as a whole, Hiscox chairman Robert Childs said: “Making a positive contribution to the communities in which we operate has long been a feature of our business and is something we are immensely proud of. This is our first impact report and gives you a sense of the plethora of good causes we are involved in, whether practically, financially or both.”




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9 April 2020   Hiscox will not pay a dividend of 29.6 cents per share, which had been scheduled for payment on June 10, 2020, and will not propose an interim dividend payment in 2020, or conduct any share buybacks, in light of the COVID-19 crisis.
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16 April 2020   Hiscox has little business interruption exposure to COVID-19, with a limited exposure in Europe and a “negligible” exposure in its US retail business, according to the re/insurer.

More on this story

News
9 April 2020   Hiscox will not pay a dividend of 29.6 cents per share, which had been scheduled for payment on June 10, 2020, and will not propose an interim dividend payment in 2020, or conduct any share buybacks, in light of the COVID-19 crisis.
News
16 April 2020   Hiscox has little business interruption exposure to COVID-19, with a limited exposure in Europe and a “negligible” exposure in its US retail business, according to the re/insurer.