Lloyd’s has appointed Salah El-Kadiri as its first representative in Casablanca, following its receipt of CFC status by the Casablanca Finance City Authority (CFCA). With its CFC status, Lloyd’s managing agents have permission to delegate underwriting authority to intermediaries, third party cover-holders, or service companies established in the CFC. El-Kadiri said; “I am delighted to be joining Lloyd’s, the world’s specialist insurance and reinsurance market. He will report into Amit Khilosia, Regional Manager, Africa, who leads Lloyd’s strategic and operational development across the continent. Cameron Murray, Head of Middle East and Africa, Lloyd’s, commented; “Under CFCA’s leadership, Casablanca Finance City is fast becoming an important centre for regional reinsurance and a gateway to the wider francophone region.

Source: The North Africa Journal September 20, 2017 14:15 UTC