INSURANCE
Over the past 15 years, we have positioned ourselves on the regional risk-bearing map through our investment in and management of Seib Insurance and Reinsurance Company LLC in Qatar. With our commitment to excellence, we have been able to establish Seib as a success story in a country with a highly developed insurance market in a short amount of time. Our vision is for Seib to continue to be recognized as a leading insurance company in Qatar.
With a paid up capital of USD 30 Million and a turnover of USD 80 Million, Seib is rated by Standard & Poor’s for the 3rd consecutive year BBB stable outlook/gc AA. Four years after its launch , Seib Insurance started generating profits and has become one of Qatar’s leading insurance company with adequate capacity backed by a strong capital. Seib is outperforming its peers from a technical standpoint recording a significantly higher underwriting margin.
DOHA, QATAR
Sheikh Jabor Bin Yousef Bin Jassim Althani Building, Airport Street
P.O.Box Number: 10973, Doha, Qatar
Momentum Insurance, a member of Chedid Capital family, is an Insurance and reinsurance company incorporated in the Cayman Islands and regulated by the Cayman Islands Monetary Authority (CIMA). Momentum Insurance underwrites insurance and reinsurance businesses in the Middle East, Africa and plans to expand its underwriting capacities globally.
Momentum Insurance is a professional, timeliness, innovative and customer focused underwriter, deriving pricing power and reinsurer of choice status through its superior services and its quality offering.
The Cayman Islands has been selected to be the domicile of Momentum Insurance for its reputable and well recognized international financial center beside its stable regulatory environment.
Momentum Insurance and Chedid Capital are committed to achieving strict corporate governance rules and maintaining a rigorous risk management strategy to all business aspects across all functions.
BEIRUT, LEBANON
Corresponding Office: Chedid Re House, Presidential Palace Avenue
P.O Box Number 1085, Grand Cayman, KY1-1102, Cayman Islands