QBE announces $600,000 in foundation grants

Dec 11, 2012, 11:00 ET from QBE

NEW YORK, Dec. 11, 2012 /PRNewswire/ -- QBE has announced the 10 charitable organizations that will receive $600,000 in QBE Foundation grants. They are:

According to QBE President and Chief Executive Officer John Rumpler, these organizations provide services that fit well with the foundation mission. The foundation is dedicated to supporting vocational opportunities around the world through organizations that help people live more independently, successfully and productively.

"Many people will be able to better help themselves with the support of these outstanding charities," Rumpler said. "We are delighted our grants will help make a positive impact in the communities where our employees live and work."

The QBE Foundation has also donated $50,000 to the Red Cross to benefit Hurricane Sandy relief in New York, New Jersey and Connecticut.

QBE North America is part of QBE Insurance Group Limited, one of the top 20 insurers and reinsurers worldwide. QBE Insurance Group's 2011 results can be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 52 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's.