New French office will support the group’s strategic expansion into the European market

Chedid Re has announced that its Paris office received a license to conduct insurance and reinsurance brokerage activities in France, extending the network of Chedid Re Global Operations.

Farid Chedid, chairman and Group CEO of Chedid Capital described it as a milestone in the company’s journey: “We are proud to see Chedid Re reinforcing its international presence in the insurance and reinsurance brokerage market.

“Our new Paris office, along with the London office, will support the Group’s strategic expansion across the continents where we operate and will enable us to be closer to the European insurance market, and particularly our clients and partners across Africa and Europe.