More Canadian insurance companies have announced making donations to help those affected by the Russia-Ukraine war.
The Co-operators, Intact Financial, and Sun Life have each revealed that they are supporting the Canadian Red Cross Ukraine Humanitarian Crisis Appeal with their donations of $50,000, $200,000, and another $200,000, respectively.
"All of us at Co-operators are deeply concerned with the devastating humanitarian crisis unfolding in Ukraine, and the severe global impacts," said Co-operators CEO Rob Wesseling. "As a purpose-driven organization, we have a responsibility to take immediate and direct action to provide aid to those on the ground and encourage fellow Canadians to support this urgent and serious cause."
"This is a very difficult period for many in our communities, and our hearts go out to the people of Ukraine, our Ukrainian employees and broker partners across Canada and the globe," stated Intact Financial Corporation CEO Charles Brindamour.
"Sun Life is joining the global efforts in the call for peace in Ukraine," commented Sun Life president and CEO Kevin Strain. "Our hearts go out to the people of Ukraine and to everyone affected. We're deeply concerned by the humanitarian crisis that continues to unfold in Ukraine and the surrounding regions. Our donation will provide immediate and ongoing aid to directly respond to the needs of those impacted by the crisis."
The donations will allow the Red Cross and the Red Crescent organizations to respond to humanitarian needs in Ukraine.
This new round of donations come after Desjardins Group and iA Financial announced donations to the Canadian Red Cross earlier this week. The two were then shortly followed by Gore Mutual, which also provided monetary support to the non-profit.
In addition to their donations to the Red Cross, The Co-operators and Sun Life have also announced that they are also making additional donations to other causes in support of Ukraine. Co-operators is working with Canada Helps to provide $10,000 to the Co-operative Development Foundation of Canada, to support women-led co-operatives on the ground in Ukraine. Meanwhile, BentalGreenOak – a real estate investment management firm owned by Sun Life – has donated $50,000 to UNICEF to support children and families affected by the war.
