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Reinsurance firm makes donation to ICRC

22-06-2001 News Release 01/22

Geneva (ICRC) – The Board of Directors of the New Reinsurance Company in Geneva has decided to forego celebrations to mark the company's 75thanniversary and instead donate one million Swiss francs to the International Committee of the Red Cross (ICRC). The ICRC will use the money for water-supply projects in Afghanistan and East Timor.

By means of this donation, the New Reinsurance Company seeks to give expression to its humanitarian commitment and to make an active contribution to restoring facilities on which people depend for their very survival. The money will support projects that give access to clean water to men, women and children living in areas that lack even the most basic infrastructure as a result of war and general impoverishment. This in turn will lead to a considerable improvement in the hygiene conditions and health of large groups of people living in war-torn areas.

At a reception organized by the ICRC for members of the Board of Directors of the New Reinsurance Company in Geneva, ICRC Vice-President Jacques Forster expressed the hope that this exemplary gesture of solidarity with the victims of war would encourage other companies to show their generosity and save lives in a similar manner.

Dr Hans-Wilmar von Stockhausen, Chairman of the New Reinsurance Company's Board of Directors, paid tribute to the commitment of the ICRC and its staff, saying that their work to protect and assist all those who suffer from war and its consequences deserved unqualified support.

For more information on the ICRC's work in Afghanistan, see its website:  

For more information on the ICRC's work in East Timor, see its website: