2019 Reinsurance Broker of the Year

November 2019

News release

2019 Reinsurance Broker of the Year

Beirut, Nov 2019

Chedid Re, a company of Chedid Capital, was named the “Reinsurance Broker of the Year” for the 4th win of its kind by the Middle East Insurance Review (MEIR) at the 6th Middle East Insurance Industry Award recently held in Dubai.

The coveted award celebrates the growing legacy of Chedid Re and accentuates its ability to offer clients distinctive values, unmatched talents and bespoke services.
Chedid Re was selected by the jury for providing clients with outstanding innovation in risk management, in depth knowledge and understanding of the markets with the highest levels of transparency and corporate governance.

Commenting on the win, Mr. Farid Chedid, Chedid Re Chairman & CEO, said: “My congratulations to the entire team at Chedid Re for receiving this accolade. We are very pleased to receive this award which is a testament of our successful business model and a proof of our desire to go the extra mile to provide the best-in-class-services to our clients and our reinsurers across the world. I would like to extend my appreciation to the jury and the organizers of MEIR whose close monitoring to the industry’s landscape is contributing to raising performance standards”.

He added: “Abiding by our core values of ethics, transparency, corporate governance, and continuous training of our talents, we have managed to maintain Chedid Re exemplary reputation and leadership in a rapidly changing market. Winning this award for the fourth time confirms that we are on the right track and we shall continue to deliver on our promise”. The 6th Middle East Insurance Industry Awards were presented at a gala dinner in the presence of industry peers. This year, the awards featured a new category for ‘Woman Leader of the Year’ recognizing the vital contribution that women make to the insurance industry in the MENA region – an entry that shortlisted Chedid Re’s best performing female professionals,
Mrs. Rana Hafda, Deputy Group Head of Facultative at Chedid Re.