Commenting on the initiative, Patrick Tannock, CEO of AXA XL’s Bermuda Insurance Operations and President of AXA XL’s Bermuda-based philanthropic unit, the XL Foundation, said: “Research has shown that 80 pecent of all marine debris is plastic and that by the year 2050 there will be more plastic than fish in the ocean.
- AXA XL sponsors ocean science research and promotes its free distribution to the world’s scientific community. Alongside its long running support of the Bermuda Institute of Ocean Sciences, it has investigated the impacts of changes to the Arctic Ocean(2009-2011), created the first freely available digital baseline of coral reef health with the Seaview Survey (2012-2016) and helped to develop a standardized framework for assessing deep ocean habitats through the Deep Ocean Survey (2016)
- About ORRAA: The Alliance is an outcome of the first Ocean Risk Summit held in May 2018 in Bermuda, and was an initiative presented at the 2019 G7 Environment Ministerial in Metz,France. It was the only initiative presented there that was supported by all G7 members as well as Fiji,India,Mexico and Norway.
- Feature Photo: Pictured from left are: Patrick Tannock, CEO of Bermuda Insurance at AXA XL; Jonathan Gale, CEO of Bermuda Reinsurance at AXA XL; Kevin Smith, Communications Manager of The MarketPlace group of stores; Sanae Russell, Assistant Underwriter, Bermuda Professional Lines Insurance at AXA XL; Tredick Gorham, President of The Supermart Ltd; Giorgio Zanol, President of Lindo’s Group of Companies; Anthony Aguiar, Owner of Harrington Hundreds; Lucy Monkman, Communications & Marketing Associate at AXA XL; Carol Parker Trott, Communications & Marketing Director Reinsurance & Bermuda at AXA XL; Paul Simons, Head of Property and Casualty.