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Vital and seeking vibrancy - Executive Magazine


Vital and seeking vibrancy
April 5, 2017
The numbers for overall premiums growth, penetration and density in the Lebanese insurance market in 2017 may not bring huge surprises. In 2016 the sector delivered 3 percent nominal growth in gross premiums, from $1.52 billion in 2015 to $1.56 billion, according to the latest quarterly report of the Association of Insurance Companies of Lebanon (ACAL). The compounded annual growth rate (CAGR) of written gross premiums for the period 2009 – 2015 was 7.6 percent, according to the latest figures published by the Insurance Control Commission in its annual report for 2015.
The 7.6 percent CAGR of written gross premiums was eclipsed by the CAGR of claims at 15.6 percent, but in line with the 7.1 percent CAGR of the sector’s net income after tax. It also is notable that year-on-year growth for gross written premiums in 2015 was better than in 2014, at 7.8 percent versus 4.3 percent, but that the last three years have witnessed sig ....

Raed Labaki , Anthony Khawam , Al Manara , Farid Chedid , George Orwell , International Monetary Fund , Chedid Capital Holding , Lebanon Insurance Control Commission , Association Of Insurance Companies Lebanon , Financial Stability Assessment Program , Beirut Stock Exchange , Insurance Control Commission , Insurance Companies , Stability Assessment Program , Middle Eastern , அல் மனர , பாரித் செடிட் , ஜார்ஜ் ஆர்வெல் , சர்வதேச பண நிதி , செடிட் மூலதனம் வைத்திருத்தல் , லெபனான் காப்பீடு கட்டுப்பாடு தரகு , நிதி ஸ்திரத்தன்மை மதிப்பீடு ப்ரோக்ர்யாம் , பெய்ரூட் ஸ்டாக் பரிமாற்றம் , காப்பீடு கட்டுப்பாடு தரகு , காப்பீடு நிறுவனங்கள் , ஸ்திரத்தன்மை மதிப்பீடு ப்ரோக்ர்யாம் ,

Farid Chedid appointed as Chairman and Group CEO of Ascoma


2021-02-25T15:36:00+00:00
Ascoma Assureurs Conseils (ASCOMA), insurance advisory and brokerage company, announced today the appointment of Farid Chedid as the company’s new Chairman and Group CEO.
Chedid is the Founder, CEO and Chairman of Chedid Capital Holding group of companies (Chedid Capital) who established in two decades one of the region’s premier insurance and reinsurance groups present across the Middle East, Africa, South East Asia and parts of Europe.
Farid Chedid
The move comes in line with Chedid Capital and ASCOMA’s acquisition deal whereby the former acquired 80% of ASCOMA’s insurance brokerage business in Africa in a deal signed on this day. ....

France General , Herve Husson , Farid Chedid , Charles Hage , Edouard Lagourgue , Ascoma Assureurs Conseils , Aldo Cardoso , Chedid Capital Holding , French Group , Chedid Capital , Middle East , Southeast Asia , பிரான்ஸ் ஜநரல் , ஹெர்வ் ஹுஸன் , பாரித் செடிட் , சார்லஸ் ஹேஜ் , ஆல்டோ கார்டோசோ , செடிட் மூலதனம் வைத்திருத்தல் , பிரஞ்சு குழு , செடிட் மூலதனம் , நடுத்தர கிழக்கு , தென்கிழக்கு ஆசியா ,