Chedid Capital has acquired, through its subsidiary Chedid Europe Insurance & Reinsurance Brokerage, a 100% stake in the London-based Trilogy Managing General Agents (Trilogy MGA). This shareholding was acquired from the British group Resolution Underwriting Holdings.
This transaction will allow the Lebanese group to pursue its international expansion strategy, particularly in the UK.
Founded in 2013, Trilogy MGA is a managing general agent and risk carrier licensed by Lloyd's of London.
Read also | Chedid Re Europe opens a regional head office in Saudi Arabia [4]