Chedid Re Boosts Africa Expansion by Opening New Representative Office in Casablanca Finance City
Chedid Re, a multi-awarded leading regional Reinsurance broker announced the opening of a new office in Casablanca Finance City, as part of an expansion strategy enhancing the company’s presence in North and West Africa.
The CEO of CFCA, Saïd Ibrahimi was pleased to welcome a first reinsurance broker within CFC's ecosystem. "The presence of Chedid Re among other international partners strengthens the role of CFC as an economic and financial platform and a Pan-African reinsurance hub » he said.
The Chairman and CEO of Chedid Re, Farid Chedid, described this expansion in North and West Africa as “one more milestone for Chedid Re’s growth, bringing the company closer to clients and partners and adding value to the services and the reinsurance solutions provided”.
Chedid Re’s CFC status will contribute to the company’s continuing growth and future market development plans to the African Market.
The company is pleased to announce the appointment of Mr.Amine Oudghiri Idrissi as General Manager of Chedid Re, North & West Africa, to lead Chedid Re’s efforts in catering to the evolving needs of its existing network of regional and global company clients together with potential future clients in the insurance and reinsurance industry.
“I am proud to be part of Chedid Re, a leader in our industry and a company consistently committed to deliver high value services to its network of clients through its extensive knowledge and experience,” said Mr. Oudghiri Idrissi who added: “I also look forward to lead the expansion of Chedid Re in North and West Africa through a local presence in CFC.”
About Chedid Re:
Chedid Re is a multi-awarded regional leader in the Reinsurance brokerage industry that achieved a successful track record as an approved Lloyd's cover-holder and is authorized by certain Lloyd's syndicates as well as by leading global reinsurers to underwrite risks and enter into contracts on their behalf. Since June 2015 Chedid Re is registered as a Lloyd’s broker. Chedid Re’s team delivers comprehensive reinsurance solutions to insurance companies in Europe, Africa, Middle East and South East Asia through its offices in Beirut, Casablanca, Dubai, Limassol and Riyadh.
About CFCA
Casablanca Finance City Authority (CFCA), a private limited company established in 2010 as a public-private partnership, is legally responsible for managing and promoting Casablanca Finance City. CFC is a regional economic and financial hub and is an attractive gateway for doing business in Africa, particularly in North, West and Central Africa. Follow us on Twitter@Casafinancecity
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