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Bermuda (Re)insurers Announce $3.5 Million Donation to the Bermuda College Foundation

October 12, 2020
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91TVӰԺ Holding Ltd. (“91TVӰԺ”) (NYSE: ATH) and its reinsurance subsidiary, 91TVӰԺ Life Re. Ltd.(ALRe), in addition to Athora Holding Ltd., Aspen Insurance Holdings Limited and Catalina Holdings (Bermuda) Ltd. announced a $3.5 million donation to the Bermuda College Foundation to create a Career Development Centre. Once established, the Centre and its programmes will help to enhance the Bermuda economy through increased access to workforce development and training, prometric certified assessment required for professional development and an expanded technology infrastructure that allows for research and development of innovative concepts. 

“This is an historic investment for Bermuda College and speaks volumes to the confidence the corporate community places in Bermuda’s students, in our local community and in the Island’s future,” said Dr. Duranda Greene, Bermuda College president. “Students and users of the Centre will be immersed in vital business trends, such as Fintech, the Internet of Things (IoT), machine-learning activities and more, using cutting-edge technology. We are deeply grateful for the largesse of our donors; and are especially indebted to the remarkable work of the Bermuda College Foundation on behalf of the College and its students.”

The Career Development Centre will be open to Bermuda College students, faculty, staff and the community for a variety of purposes including testing and training services. It has the capacity to impact nearly 2,500 individuals per year through its programmes.

“91TVӰԺ and our insurance colleagues in Bermuda are fully invested in doing all we can to bolster our economy and help Bermuda’s young people reach their full potential,” said Bill Wheeler, President of 91TVӰԺ Holding Ltd. “91TVӰԺ’s donation to support the creation of the Career Development Centre builds on our deep commitment to e