Switzerland’s Winterthur Insurance Group became the first private corporate donor to the United Nations fund to fight the AIDS epidemic, pledging a donation of $1 million.
Winterthur, the insurance arm of the Credit Suisse, plans to deliver the money next month in a public ceremony.
L
aunched by U.N. Secretary-general Kofi Annan in April, the fund hopes to eventually raise $10 billion to help poor countries, mainly in sub-Saharan Africa cope with the AIDS scourge, as well as other infectious diseases currently ravaging the continent.
Was this article valuable?
Here are more articles you may enjoy.
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance 
Dei Primus Holdings Launches LUCY, a Fully Autonomous Insurance Carrier 
Viewpoint: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk 
