Chubb Charitable Foundation Bermuda Announces BD$300,000 Grant to the Living Reefs Foundation for Marine Conservation and Coastal Resilience

Hamilton, Bermuda, March 14, 2025 – Chubb Charitable Foundation Bermuda announced a BD$300,000, 3-year grant to the Living Reefs Foundation, a non-profit organization dedicated to preserving Bermuda’s coral reefs and marine ecosystems. This grant will support reef conservation efforts for the new Causeway Blue Barrier Project, including integrating live corals into coastal infrastructure to enhance shoreline resilience.

“This partnership exemplifies Chubb’s unwavering commitment to fostering solutions that tackle climate-related challenges,” said Lori Dunstan, Vice President, Chubb Charitable Foundation Bermuda. “We’re proud to help implement a nature-based strategy that fortifies our shoreline against storm damage and strengthens long-term coastal resilience."

The grant will help facilitate initiatives, including sustainable coral sourcing, transplantation research and the implementation of state-of-the-art monitoring technologies to assess reef health and resilience.

The Living Reefs Foundation has already demonstrated notable success through its Coral Garden Initiative which strategically incorporates live corals into man-made barriers. This was recently demonstrated with the successful planting of 200 coral colonies, achieving a 98% survival rate over a 12-month period.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

Media Contact

mediarelations@chubb.com