The growing demand for reliable, innovative and professional reinsurance products and solutions in the Middle East North Africa ("MENA") region led to the establishment of Chedid Re in Cyprus in 1998.

A single decade transformed what began with three individuals operating in a single office into an institution built around a strong talented team, a solid but flexible management process, superior client centricity, a regional branch network and a clear expansion strategy.

Today, Chedid Re delivers comprehensive reinsurance and retrocession treaty and facultative solutions to over 170 insurance companies spread in 22 countries in the MENA region and Europe through our offices in Beirut, Dubai, Limassol and Riyadh.

Our integrity, professionalism, good faith, discipline in adhering to underwriting guidelines and delivering on growth and profit projections, have propelled us to become, in a relatively short span of time, the intermediary of choice for many regional and international capacity providers for the MENA insurance market.

In addition to our brokerage services, we also have a long-standing successful track record as an approved Lloyd's correspondent cover-holder. We are authorized by different Lloyd's syndicates and by other regional and international reinsurers to underwrite risks, enter into contracts of reinsurance, and issue reinsurance documentation on their behalf.

Our leading position was further cemented by being awarded the "2010 Reinsurance Broker of the Year" titles at both the Gulf Insurance Awards and the Middle East Insurance Awards.

Looking ahead, Chedid Re is fully aware of the growing support the insurance market needs from product innovation to technical expertise and risk management solutions.

We are committed to provide our clients and partners in the insurance field with services and support at the ultimate standards of professionalism. Our management will remain as focused in the years to come as it has been in anticipating the growing sophisticated needs of the local insurance markets.

Stability, trust, reliability and protection from risks are tenets we live by on a daily basis. Such attributes are crucial for a solution-driven company such as ours, which is why we strive for perfection in every endeavor that we undertake. After all, there is a reason why we are the fastest growing reinsurance broker in the region!