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Nov 2015 Chedid Re has opened an office in Casablanca Finance City (CFC) in Morocco. This setting up is part of its expansion strategy in North and West Africa. The regional office will be headed by Amine Oudghiri Idrissi.
Recently approved as a Lloyd's broker, Chedid Re is the first Lebanese reinsurance broker to settle in CFC. It now has five regional offices in Beirut (Lebanon), Casablanca (Morocco), Dubai (United Arab Emirates), Limassol (Cyprus) and Riyadh (Saudi Arabia).