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Saturday, October 6, 2007

Risk Managers AT FERMA help ACE raise $40,000 for Red Cross HIV/ AIDS educational programme in India.

Geneva: European Risk Managers attending the FERMA (Federation of European Risk Managers) Congress in Geneva have helped ACE European Group (ACE) to raise over $40,000 (EUR 30,000) for a Red Cross HIV/ AIDS educational programme in India.

ACE Foundation- International contributed EUR 200 for each Risk Manager who attended ACE's charity reception at the Red Cross museum in Geneva on 1st October. The full contribution will support the Red Cross's life saving work increasing awareness of HIV/AIDS among young people in India's Northern State of Utter Pradesh.


Andrew Kendrick, Chairman and Chief Executive Officer, ACE European Group said: "I would like to extend our heartfelt thanks to every risk manager who attended last night's event, enabling us to make this substantial contribution to the Red Cross's valuable work. Funding for this project is a priority for the Red Cross so every Euro
raised will contribute directly to saving lives."


The Red Cross HIV/AIDS education in India programme

Official statistic for India show that it has the highest number of people living with HIV and AIDS at 5.7 million (UNAIDS 2006). The disease is rapidly growing across the sub continent and young people are especially at risk, with over one-third of those infected aged between 15 and 24 years old.

The HIV and AIDS education in India project aims to increase knowledge and awareness of the virus among young people through the proven 'youth peer education' approach. This is where young people are recruited from schools and colleges for training at Red Cross workshops. They will then hold educational sessions in schools, clubs, colleges and other places where young people are present. This type of peer education has proved extremely effective in helping to increase knowledge, change behaviour, lessen risks of infection and counter discrimination.

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 conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries.

ACE supports community activities around the world through its company-sponsored volunteer initiatives, with the aim of making positive contributions towards the society.

Source: Media Point

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