AXIS Donates $1 Million Towards KEMH Upgrade

June 10, 2014

Bermuda Hospitals Charitable Trust [BHCT] today announced that AXIS Capital made a $1 million donation to the Why it Matters campaign, which is raising funds to upgrade King Edward VII Memorial Hospital.

This donation takes the running total for the campaign to close to $31 million since its launch in April 2011.

BHCT is leading a capital campaign with a philanthropic goal of $40 million to put towards the $247 million redevelopment project. The project’s overarching aim is to deliver an enhanced level of hospital care for the benefit of the whole community.

BHCT Chairman Philip Butterfield, BHCT Executive Director Ralph Richardson, AXIS CEO Albert Benchimol

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“AXIS is very pleased to support the Why It Matters campaign with this donation, as construction concludes and the facility transitions into active use,” noted AXIS Capital CEO Albert Benchimol. ”

“As a member of Bermuda’s corporate and social community we are committed to doing our part in helping to deliver enhanced and affordable healthcare, which will positively impact the quality of life for generations to come,” he added.

Philip Butterfield, Chairman of BHCT, says: “We are deeply appreciative of the generosity of Axis Capital and their commitment to this extremely important redevelopment project.

“With AXIS’ support we are one step closer to achieving our goal of providing a world class standard of excellent health care through modernized facilities.”

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Comments (8)

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  1. Justin says:

    Thank you very very much!

  2. Onion says:

    Thank you AXIS!!!

  3. Loquats says:

    Thank you Axis! Great company!

  4. Aware says:

    Another great example of why we should support international business in our country.

  5. Campervan says:

    Thank you Axis for Standing Strong for Bermuda. Your donations, and job creations are very much appreciated. Actions not empty rhetoric, kudos to you.

  6. HEY DIS BIE HERE says:

    with all the negativity among these racist posters always waiting for an opportunity to strike a blow at the PLP, here is something worthwhile and worthy of all praise and its only 4 comments????? Saya alot about yall

  7. X man says:

    What a great contribution!
    One Million Dollars saved – and One Million Dollars we didn’t really have.
    Now we must get other International Business to invest in Bermuda on a grand scale like this.
    I Think CC’s trip and sacrifice will eventually pay off. trust me! Jetgate wasn’t for nothing!

  8. Anon says:

    Axis has taken the high road despite all the negativity and chronic xenophobia in the press these days and shown the island how important I&B is to Bermuda’s very survival.